Bay Harbor Wealth Management LLC Purchases 73,003 Shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Bay Harbor Wealth Management LLC boosted its holdings in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 14.1% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 591,729 shares of the company’s stock after acquiring an additional 73,003 shares during the period. iShares Core Total USD Bond Market ETF accounts for 9.1% of Bay Harbor Wealth Management LLC’s holdings, making the stock its biggest position. Bay Harbor Wealth Management LLC owned about 0.08% of iShares Core Total USD Bond Market ETF worth $27,882,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in IUSB. Farmers & Merchants Investments Inc. grew its stake in iShares Core Total USD Bond Market ETF by 59.1% in the first quarter. Farmers & Merchants Investments Inc. now owns 754 shares of the company’s stock valued at $34,000 after acquiring an additional 280 shares during the period. Scarborough Advisors LLC grew its holdings in shares of iShares Core Total USD Bond Market ETF by 120.7% during the second quarter. Scarborough Advisors LLC now owns 865 shares of the company’s stock valued at $39,000 after buying an additional 473 shares during the last quarter. National Bank of Canada FI bought a new position in iShares Core Total USD Bond Market ETF in the 2nd quarter valued at about $43,000. Cultivar Capital Inc. purchased a new stake in shares of iShares Core Total USD Bond Market ETF in the second quarter worth approximately $45,000. Finally, Fifth Third Bancorp bought a new stake in iShares Core Total USD Bond Market ETF during the second quarter worth $45,000.

iShares Core Total USD Bond Market ETF Stock Down 0.2 %

IUSB stock opened at $45.94 on Friday. The business has a 50 day moving average of $46.77 and a 200-day moving average of $45.81. iShares Core Total USD Bond Market ETF has a 12-month low of $42.81 and a 12-month high of $47.44.

iShares Core Total USD Bond Market ETF Dividend Announcement

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