Merit Financial Group LLC Raises Holdings in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Merit Financial Group LLC grew its holdings in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 60.1% during the 4th quarter, HoldingsChannel.com reports. The firm owned 466,817 shares of the company’s stock after buying an additional 175,200 shares during the period. Merit Financial Group LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $21,100,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of IUSB. Charles Schwab Investment Management Inc. boosted its stake in iShares Core Total USD Bond Market ETF by 39.1% during the third quarter. Charles Schwab Investment Management Inc. now owns 9,548 shares of the company’s stock worth $450,000 after buying an additional 2,682 shares during the period. Creative Planning lifted its holdings in shares of iShares Core Total USD Bond Market ETF by 8.0% in the 3rd quarter. Creative Planning now owns 54,714 shares of the company’s stock worth $2,578,000 after acquiring an additional 4,037 shares during the last quarter. Alternative Investment Advisors LLC. purchased a new position in shares of iShares Core Total USD Bond Market ETF during the 2nd quarter worth approximately $1,995,000. RFG Advisory LLC increased its holdings in iShares Core Total USD Bond Market ETF by 14.8% in the 3rd quarter. RFG Advisory LLC now owns 466,345 shares of the company’s stock valued at $21,974,000 after purchasing an additional 60,166 shares during the last quarter. Finally, Beaird Harris Wealth Management LLC raised its position in iShares Core Total USD Bond Market ETF by 168.4% in the third quarter. Beaird Harris Wealth Management LLC now owns 942 shares of the company’s stock valued at $44,000 after purchasing an additional 591 shares during the period.

iShares Core Total USD Bond Market ETF Stock Performance

IUSB opened at $45.20 on Friday. iShares Core Total USD Bond Market ETF has a 52 week low of $44.21 and a 52 week high of $47.44. The business has a fifty day simple moving average of $45.50 and a 200-day simple moving average of $46.05.

iShares Core Total USD Bond Market ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Monday, December 23rd. Investors 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 yield of 4.26%. This is a boost from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16. The ex-dividend date was Wednesday, December 18th.

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.