Riverbend Wealth Management LLC Invests $242,000 in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Riverbend Wealth Management LLC bought a new stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 5,360 shares of the company’s stock, valued at approximately $242,000.

A number of other institutional investors and hedge funds also recently modified their holdings of IUSB. SWAN Capital LLC bought a new position in iShares Core Total USD Bond Market ETF in the 3rd quarter valued at $25,000. Synergy Investment Management LLC purchased a new position in shares of iShares Core Total USD Bond Market ETF in the 4th quarter worth about $29,000. Peterson Financial Group Inc. bought a new position in iShares Core Total USD Bond Market ETF during the third quarter valued at about $30,000. Darwin Wealth Management LLC purchased a new stake in iShares Core Total USD Bond Market ETF during the third quarter worth about $32,000. Finally, First Financial Corp IN bought a new stake in iShares Core Total USD Bond Market ETF in the fourth quarter worth about $35,000.

iShares Core Total USD Bond Market ETF Stock Up 0.4 %

iShares Core Total USD Bond Market ETF stock opened at $46.01 on Tuesday. The firm has a 50 day moving average price of $45.45 and a 200-day moving average price of $45.96. iShares Core Total USD Bond Market ETF has a twelve month low of $44.21 and a twelve month high of $47.44. The company has a market capitalization of $32.73 billion, a P/E ratio of 16.77 and a beta of 0.15.

iShares Core Total USD Bond Market ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were issued a dividend of $0.1553 per share. This is a positive change from iShares Core Total USD Bond Market ETF’s previous dividend of $0.15. The ex-dividend date was Monday, March 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.