Sax Wealth Advisors LLC Acquires Shares of 60,789 iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Sax Wealth Advisors LLC purchased a new stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 60,789 shares of the company’s stock, valued at approximately $2,748,000.

Other large investors also recently made changes to their positions in the company. LGT Financial Advisors LLC boosted its stake in iShares Core Total USD Bond Market ETF by 18.2% during the 3rd quarter. LGT Financial Advisors LLC now owns 1,421 shares of the company’s stock worth $67,000 after acquiring an additional 219 shares during the last quarter. Kovack Advisors Inc. boosted its position in shares of iShares Core Total USD Bond Market ETF by 4.3% during the third quarter. Kovack Advisors Inc. now owns 5,557 shares of the company’s stock worth $262,000 after purchasing an additional 227 shares in the last quarter. Snider Financial Group grew its holdings in shares of iShares Core Total USD Bond Market ETF by 3.3% in the 3rd quarter. Snider Financial Group now owns 7,521 shares of the company’s stock valued at $354,000 after buying an additional 238 shares during the period. Ascent Group LLC increased its position in shares of iShares Core Total USD Bond Market ETF by 0.7% in the 2nd quarter. Ascent Group LLC now owns 34,660 shares of the company’s stock valued at $1,567,000 after buying an additional 252 shares in the last quarter. Finally, Sugarloaf Wealth Management LLC raised its stake in iShares Core Total USD Bond Market ETF by 8.4% during the 3rd quarter. Sugarloaf Wealth Management LLC now owns 3,447 shares of the company’s stock worth $162,000 after buying an additional 266 shares during the period.

iShares Core Total USD Bond Market ETF Trading Up 0.0 %

Shares of IUSB opened at $45.20 on Friday. The stock has a 50 day simple moving average of $45.50 and a 200 day simple moving average of $46.05. iShares Core Total USD Bond Market ETF has a 52-week low of $44.21 and a 52-week high of $47.44.

iShares Core Total USD Bond Market ETF Increases Dividend

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

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.