Ridgeline Wealth LLC Makes New Investment in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Ridgeline Wealth LLC bought a new stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 11,812 shares of the company’s stock, valued at approximately $534,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. National Bank of Canada FI acquired a new position in iShares Core Total USD Bond Market ETF during the 2nd quarter valued at about $43,000. Savant Capital LLC grew its holdings in iShares Core Total USD Bond Market ETF by 39.2% during the 2nd quarter. Savant Capital LLC now owns 10,305 shares of the company’s stock worth $466,000 after acquiring an additional 2,902 shares during the period. Chris Bulman Inc bought a new stake in shares of iShares Core Total USD Bond Market ETF during the 2nd quarter valued at $148,000. Cahill Financial Advisors Inc. lifted its stake in shares of iShares Core Total USD Bond Market ETF by 11.8% in the 2nd quarter. Cahill Financial Advisors Inc. now owns 20,526 shares of the company’s stock valued at $928,000 after purchasing an additional 2,166 shares during the period. Finally, Liberty Wealth Management LLC lifted its stake in shares of iShares Core Total USD Bond Market ETF by 96.7% in the 2nd quarter. Liberty Wealth Management LLC now owns 640,906 shares of the company’s stock valued at $28,982,000 after purchasing an additional 315,002 shares during the period.

iShares Core Total USD Bond Market ETF Trading Down 0.1 %

NASDAQ IUSB traded down $0.04 on Monday, reaching $45.10. The company had a trading volume of 2,602,116 shares, compared to its average volume of 2,816,938. iShares Core Total USD Bond Market ETF has a 52 week low of $44.21 and a 52 week high of $47.44. The stock’s 50 day moving average is $45.66 and its 200-day moving average is $46.08.

iShares Core Total USD Bond Market ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were given a $0.1605 dividend. This represents a $1.93 dividend on an annualized basis and a dividend yield of 4.27%. This is an increase from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16. The ex-dividend date was Wednesday, December 18th.

iShares Core Total USD Bond Market ETF Profile

The iShares Core Total USD Bond Market ETF (IUSB) is an exchange-traded fund that is based on the Bloomberg U.S. Universal index. The fund tracks a broad Barclays index of USD-denominated taxable bonds. The index is market value weighted. IUSB was launched on Jun 10, 2014 and is managed by BlackRock.