Icon Wealth Advisors LLC Increases Position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Icon Wealth Advisors LLC increased its stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 22.5% in the third quarter, Holdings Channel.com reports. The institutional investor owned 1,285,923 shares of the company’s stock after acquiring an additional 236,100 shares during the period. iShares Core Total USD Bond Market ETF comprises 5.0% of Icon Wealth Advisors LLC’s holdings, making the stock its 3rd largest position. Icon Wealth Advisors LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $60,593,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Abich Financial Wealth Management LLC purchased a new stake in shares of iShares Core Total USD Bond Market ETF in the 3rd quarter worth about $25,000. Peterson Financial Group Inc. purchased a new stake in iShares Core Total USD Bond Market ETF in the third quarter worth about $30,000. Evermay Wealth Management LLC bought a new position in shares of iShares Core Total USD Bond Market ETF during the third quarter valued at approximately $31,000. Darwin Wealth Management LLC bought a new position in shares of iShares Core Total USD Bond Market ETF during the third quarter valued at approximately $32,000. Finally, Scarborough Advisors LLC lifted 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 purchasing an additional 473 shares during the last quarter.

iShares Core Total USD Bond Market ETF Stock Performance

iShares Core Total USD Bond Market ETF stock opened at $46.05 on Friday. iShares Core Total USD Bond Market ETF has a twelve month low of $44.21 and a twelve month high of $47.44. The stock’s 50 day moving average is $46.19 and its 200 day moving average is $45.99.

iShares Core Total USD Bond Market ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were paid a $0.1577 dividend. This is a boost from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16. This represents a $1.89 dividend on an annualized basis and a dividend yield of 4.11%. The ex-dividend date was Friday, November 1st.

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.