Robertson Stephens Wealth Management LLC Invests $512,000 in iShares Core Total USD Bond Market ETF $IUSB

Robertson Stephens Wealth Management LLC bought a new position in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) during the 4th quarter, Holdings Channel reports. The institutional investor bought 11,007 shares of the company’s stock, valued at approximately $512,000.

Several other hedge funds and other institutional investors have also made changes to their positions in IUSB. AQR Capital Management LLC raised its position in shares of iShares Core Total USD Bond Market ETF by 9.9% during the 1st quarter. AQR Capital Management LLC now owns 60,249 shares of the company’s stock worth $2,776,000 after acquiring an additional 5,416 shares in the last quarter. Goldman Sachs Group Inc. raised its position in shares of iShares Core Total USD Bond Market ETF by 40.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 191,332 shares of the company’s stock worth $8,817,000 after acquiring an additional 55,360 shares in the last quarter. M&T Bank Corp acquired a new stake in shares of iShares Core Total USD Bond Market ETF during the 2nd quarter worth about $335,000. Brown Advisory Inc. acquired a new stake in shares of iShares Core Total USD Bond Market ETF during the 2nd quarter worth about $246,000. Finally, Qube Research & Technologies Ltd acquired a new stake in shares of iShares Core Total USD Bond Market ETF during the 2nd quarter worth about $167,000.

iShares Core Total USD Bond Market ETF Stock Performance

Shares of NASDAQ IUSB opened at $45.95 on Tuesday. iShares Core Total USD Bond Market ETF has a fifty-two week low of $45.07 and a fifty-two week high of $47.23. The firm has a market capitalization of $36.36 billion, a PE ratio of 10.80 and a beta of 0.27. The stock’s 50-day simple moving average is $46.41 and its 200-day simple moving average is $46.62.

iShares Core Total USD Bond Market ETF Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Wednesday, May 6th. Stockholders of record on Friday, May 1st will be given a dividend of $0.1629 per share. This represents a c) annualized dividend and a dividend yield of 4.3%. The ex-dividend date of this dividend is Friday, May 1st.

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.