iShares Core Total USD Bond Market ETF $IUSB Stock Bought by Merkkuri Wealth Advisors LLC

Merkkuri Wealth Advisors LLC raised its position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 27.5% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 69,046 shares of the company’s stock after acquiring an additional 14,880 shares during the period. iShares Core Total USD Bond Market ETF makes up approximately 1.9% of Merkkuri Wealth Advisors LLC’s holdings, making the stock its 17th biggest holding. Merkkuri Wealth Advisors LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $3,044,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of IUSB. GK Wealth Management LLC acquired a new position in shares of iShares Core Total USD Bond Market ETF during the third quarter worth $26,000. Team Financial Group LLC acquired a new stake in shares of iShares Core Total USD Bond Market ETF in the 3rd quarter worth $27,000. JNBA Financial Advisors acquired a new stake in shares of iShares Core Total USD Bond Market ETF in the 2nd quarter worth $32,000. Financial Freedom LLC purchased a new position in iShares Core Total USD Bond Market ETF during the 1st quarter worth $45,000. Finally, Independence Bank of Kentucky purchased a new position in iShares Core Total USD Bond Market ETF during the 3rd quarter worth $50,000.

iShares Core Total USD Bond Market ETF Stock Performance

NASDAQ:IUSB traded down $0.04 during mid-day trading on Friday, hitting $44.94. 5,678,346 shares of the company’s stock traded hands, compared to its average volume of 5,290,708. The company has a fifty day moving average of $44.63 and a 200 day moving average of $45.76. iShares Core Total USD Bond Market ETF has a twelve month low of $43.75 and a twelve month high of $47.23. The company has a market capitalization of $50.33 billion, a P/E ratio of 10.80 and a beta of 0.27.

iShares Core Total USD Bond Market ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, November 5th. Stockholders of record on Monday, November 2nd were paid a dividend of $0.1718 per share. The ex-dividend date was Monday, November 2nd. This is a positive change from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.1544. This represents a $2.06 dividend on an annualized basis and a dividend yield of 4.6%.

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.