5T Wealth LLC Makes New $16.01 Million Investment in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

5T Wealth LLC bought a new position in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) during the fourth quarter, Holdings Channel.com reports. The firm bought 354,141 shares of the company’s stock, valued at approximately $16,007,000. iShares Core Total USD Bond Market ETF comprises 8.8% of 5T Wealth LLC’s investment portfolio, making the stock its largest position.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the company. Abich Financial Wealth Management LLC bought a new position in iShares Core Total USD Bond Market ETF in the 3rd quarter valued at approximately $25,000. SWAN Capital LLC bought a new position in shares of iShares Core Total USD Bond Market ETF during the 3rd quarter valued at $25,000. Peterson Financial Group Inc. bought a new position in shares of iShares Core Total USD Bond Market ETF during the 3rd quarter valued at $30,000. Evermay Wealth Management LLC bought a new position in shares of iShares Core Total USD Bond Market ETF during the 3rd quarter valued at $31,000. Finally, Darwin Wealth Management LLC bought a new position in shares of iShares Core Total USD Bond Market ETF during the 3rd quarter valued at $32,000.

iShares Core Total USD Bond Market ETF Price Performance

NASDAQ IUSB opened at $45.58 on Monday. The business’s fifty day moving average price is $45.32 and its 200-day moving average price is $46.03. iShares Core Total USD Bond Market ETF has a 1-year low of $44.21 and a 1-year high of $47.44.

iShares Core Total USD Bond Market ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were paid a $0.1542 dividend. The ex-dividend date of this dividend was Monday, February 3rd.

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.