Spire Wealth Management Has $6.56 Million Stock Holdings in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Spire Wealth Management lowered its stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 5.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 145,041 shares of the company’s stock after selling 7,975 shares during the period. Spire Wealth Management’s holdings in iShares Core Total USD Bond Market ETF were worth $6,556,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. SWAN Capital LLC acquired a new stake in iShares Core Total USD Bond Market ETF in the third quarter valued at approximately $25,000. Abich Financial Wealth Management LLC acquired a new stake in iShares Core Total USD Bond Market ETF in the third quarter valued at approximately $25,000. Peterson Financial Group Inc. acquired a new stake in iShares Core Total USD Bond Market ETF in the third quarter valued at approximately $30,000. Evermay Wealth Management LLC acquired a new stake in iShares Core Total USD Bond Market ETF in the third quarter valued at approximately $31,000. Finally, Darwin Wealth Management LLC acquired a new stake in iShares Core Total USD Bond Market ETF in the third quarter valued at approximately $32,000.

iShares Core Total USD Bond Market ETF Stock Performance

Shares of iShares Core Total USD Bond Market ETF stock opened at $45.45 on Friday. iShares Core Total USD Bond Market ETF has a fifty-two week low of $44.21 and a fifty-two week high of $47.44. The company’s 50 day moving average price is $45.45 and its two-hundred day moving average price is $46.05.

iShares Core Total USD Bond Market ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were issued a dividend of $0.1605 per share. This represents a $1.93 dividend on an annualized basis and a dividend yield of 4.24%. The ex-dividend date was Wednesday, December 18th. This is a positive change from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16.

iShares Core Total USD Bond Market ETF Company 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.