WealthPoint Financial LLC Invests $2.33 Million in iShares Core Total USD Bond Market ETF $IUSB

WealthPoint Financial LLC purchased a new position in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) in the 4th quarter, HoldingsChannel.com reports. The fund purchased 49,952 shares of the company’s stock, valued at approximately $2,325,000. iShares Core Total USD Bond Market ETF accounts for about 2.0% of WealthPoint Financial LLC’s investment portfolio, making the stock its 16th largest position.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of IUSB. Van Diest Capital LLC acquired a new position in shares of iShares Core Total USD Bond Market ETF during the fourth quarter valued at approximately $495,000. Compound Planning Inc. boosted its stake in shares of iShares Core Total USD Bond Market ETF by 10.3% in the fourth quarter. Compound Planning Inc. now owns 573,997 shares of the company’s stock worth $26,714,000 after acquiring an additional 53,413 shares during the last quarter. TMB Capital Partners LLC acquired a new stake in shares of iShares Core Total USD Bond Market ETF in the fourth quarter worth approximately $3,664,000. Torrey Payne Wealth Management LLC purchased a new stake in shares of iShares Core Total USD Bond Market ETF during the fourth quarter worth approximately $326,000. Finally, CBM Financial LLC purchased a new stake in shares of iShares Core Total USD Bond Market ETF during the fourth quarter worth approximately $357,000.

iShares Core Total USD Bond Market ETF Stock Performance

NASDAQ IUSB opened at $46.12 on Friday. The business has a fifty day moving average price of $46.10 and a 200 day moving average price of $46.41. The company has a market cap of $36.49 billion, a P/E ratio of 10.80 and a beta of 0.26. iShares Core Total USD Bond Market ETF has a one year low of $45.47 and a one year high of $47.23.

iShares Core Total USD Bond Market ETF Cuts Dividend

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

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.