Worth Financial Advisory Group LLC Purchases Shares of 108,075 iShares Core Total USD Bond Market ETF $IUSB

Worth Financial Advisory Group LLC purchased a new position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 108,075 shares of the company’s stock, valued at approximately $5,030,000. iShares Core Total USD Bond Market ETF makes up approximately 2.4% of Worth Financial Advisory Group LLC’s investment portfolio, making the stock its 10th biggest holding.

Other hedge funds and other institutional investors have also made changes to their positions in the company. SWP Financial LLC lifted its position in shares of iShares Core Total USD Bond Market ETF by 18.4% in the fourth quarter. SWP Financial LLC now owns 293,306 shares of the company’s stock worth $13,650,000 after buying an additional 45,587 shares in the last quarter. Xena Financial Planning LLC bought a new position in iShares Core Total USD Bond Market ETF during the fourth quarter valued at approximately $5,810,000. Royal Fund Management LLC grew its holdings in iShares Core Total USD Bond Market ETF by 186.5% during the 4th quarter. Royal Fund Management LLC now owns 162,128 shares of the company’s stock valued at $7,546,000 after buying an additional 105,546 shares in the last quarter. Range Financial Group LLC grew its holdings in iShares Core Total USD Bond Market ETF by 89.3% during the 4th quarter. Range Financial Group LLC now owns 64,565 shares of the company’s stock valued at $3,005,000 after buying an additional 30,451 shares in the last quarter. Finally, LifeGoal Investments LLC increased its stake in iShares Core Total USD Bond Market ETF by 19.2% in the 4th quarter. LifeGoal Investments LLC now owns 13,334 shares of the company’s stock worth $618,000 after acquiring an additional 2,150 shares during the last quarter.

iShares Core Total USD Bond Market ETF Price Performance

NASDAQ:IUSB opened at $46.18 on Friday. The company has a market cap of $36.13 billion, a price-to-earnings ratio of 10.80 and a beta of 0.26. iShares Core Total USD Bond Market ETF has a 1 year low of $44.74 and a 1 year high of $47.23. The stock’s 50 day simple moving average is $46.58 and its two-hundred day simple moving average is $46.67.

iShares Core Total USD Bond Market ETF Increases Dividend

The firm also recently declared a monthly dividend, which will be paid on Tuesday, April 7th. Investors of record on Wednesday, April 1st will be given a $0.1645 dividend. This is a boost from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16. This represents a c) annualized dividend and a yield of 4.3%. The ex-dividend date is Wednesday, April 1st.

About iShares Core Total USD Bond Market ETF

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.