ZRC Wealth Management LLC Increases Position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

ZRC Wealth Management LLC boosted its holdings in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 1.6% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 548,440 shares of the company’s stock after acquiring an additional 8,455 shares during the quarter. iShares Core Total USD Bond Market ETF accounts for approximately 11.1% of ZRC Wealth Management LLC’s investment portfolio, making the stock its biggest holding. ZRC Wealth Management LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $25,842,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Envestnet Portfolio Solutions Inc. increased its stake in iShares Core Total USD Bond Market ETF by 37.8% in the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 19,623,354 shares of the company’s stock valued at $894,629,000 after buying an additional 5,381,121 shares during the last quarter. Cetera Investment Advisers increased its stake in iShares Core Total USD Bond Market ETF by 129.9% in the 1st quarter. Cetera Investment Advisers now owns 8,653,706 shares of the company’s stock valued at $394,522,000 after buying an additional 4,890,264 shares during the last quarter. Park Avenue Securities LLC increased its stake in shares of iShares Core Total USD Bond Market ETF by 38.7% during the 1st quarter. Park Avenue Securities LLC now owns 10,871,783 shares of the company’s stock worth $495,645,000 after purchasing an additional 3,035,201 shares during the last quarter. Kestra Investment Management LLC purchased a new stake in shares of iShares Core Total USD Bond Market ETF during the 2nd quarter worth approximately $128,756,000. Finally, Sanctuary Advisors LLC purchased a new stake in shares of iShares Core Total USD Bond Market ETF during the 2nd quarter worth approximately $124,848,000.

iShares Core Total USD Bond Market ETF Trading Down 0.6 %

Shares of IUSB stock traded down $0.29 during trading hours on Friday, hitting $46.55. 2,438,874 shares of the company were exchanged, compared to its average volume of 3,003,488. The firm has a fifty day simple moving average of $46.78 and a 200 day simple moving average of $45.71. iShares Core Total USD Bond Market ETF has a 52-week low of $42.56 and a 52-week high of $47.44.

iShares Core Total USD Bond Market ETF Announces Dividend

The business also recently declared a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were paid a dividend of $0.1569 per share. The ex-dividend date of this dividend was Tuesday, September 3rd.

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.