Summit Financial LLC Acquires 16,949 Shares of iShares Core Total USD Bond Market ETF $IUSB

Summit Financial LLC raised its holdings in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 2.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 598,936 shares of the company’s stock after buying an additional 16,949 shares during the period. Summit Financial LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $27,874,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently made changes to their positions in the company. CIBC Private Wealth Group LLC bought a new position in shares of iShares Core Total USD Bond Market ETF in the third quarter valued at $27,000. Decker Retirement Planning Inc. bought a new position in shares of iShares Core Total USD Bond Market ETF in the fourth quarter valued at $30,000. Chapman Financial Group LLC bought a new position in shares of iShares Core Total USD Bond Market ETF in the third quarter valued at $31,000. United Financial Planning Group LLC bought a new position in shares of iShares Core Total USD Bond Market ETF in the third quarter valued at $50,000. Finally, Ransom Advisory Ltd bought a new position in shares of iShares Core Total USD Bond Market ETF in the fourth quarter valued at $57,000.

iShares Core Total USD Bond Market ETF Trading Down 0.1%

iShares Core Total USD Bond Market ETF stock opened at $46.05 on Friday. iShares Core Total USD Bond Market ETF has a 1-year low of $45.47 and a 1-year high of $47.23. The firm has a market capitalization of $36.44 billion, a price-to-earnings ratio of 10.80 and a beta of 0.26. The firm’s fifty day moving average price is $46.11 and its two-hundred day moving average price is $46.44.

iShares Core Total USD Bond Market ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were paid a $0.1511 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date of this dividend was Monday, June 1st.

iShares Core Total USD Bond Market ETF Company 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.