Opes Wealth Management LLC Has $15.69 Million Stock Position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Opes Wealth Management LLC lifted its position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 1.4% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 333,058 shares of the company’s stock after purchasing an additional 4,489 shares during the quarter. iShares Core Total USD Bond Market ETF accounts for approximately 3.0% of Opes Wealth Management LLC’s holdings, making the stock its 4th biggest holding. Opes Wealth Management LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $15,694,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Envestnet Portfolio Solutions Inc. grew its holdings in iShares Core Total USD Bond Market ETF by 37.8% during the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 19,623,354 shares of the company’s stock worth $894,629,000 after acquiring an additional 5,381,121 shares during the last quarter. Cetera Investment Advisers raised its position in shares of iShares Core Total USD Bond Market ETF by 129.9% during the 1st quarter. Cetera Investment Advisers now owns 8,653,706 shares of the company’s stock valued at $394,522,000 after acquiring an additional 4,890,264 shares during the last quarter. CWM LLC lifted its stake in iShares Core Total USD Bond Market ETF by 19.5% in the third quarter. CWM LLC now owns 21,325,421 shares of the company’s stock valued at $1,004,854,000 after buying an additional 3,483,112 shares during the period. Kestra Investment Management LLC bought a new position in iShares Core Total USD Bond Market ETF during the second quarter worth about $128,756,000. Finally, Sanctuary Advisors LLC bought a new stake in iShares Core Total USD Bond Market ETF during the 2nd quarter worth approximately $124,848,000.

iShares Core Total USD Bond Market ETF Price Performance

NASDAQ:IUSB opened at $45.54 on Monday. iShares Core Total USD Bond Market ETF has a 1-year low of $43.38 and a 1-year high of $47.44. The firm has a fifty day simple moving average of $46.68 and a 200 day simple moving average of $45.86.

iShares Core Total USD Bond Market ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st will be paid a $0.1577 dividend. This is a boost from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16. The ex-dividend date is Friday, November 1st. This represents a $1.89 annualized dividend and a yield of 4.16%.

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.