Genesis Wealth Advisors LLC Purchases New Shares in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Genesis Wealth Advisors LLC purchased a new stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) during the fourth quarter, Holdings Channel reports. The institutional investor purchased 12,696 shares of the company’s stock, valued at approximately $574,000.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Abich Financial Wealth Management LLC acquired a new stake in iShares Core Total USD Bond Market ETF during the 3rd quarter worth $25,000. SWAN Capital LLC acquired a new stake in iShares Core Total USD Bond Market ETF during the 3rd quarter worth $25,000. Peterson Financial Group Inc. acquired a new stake in iShares Core Total USD Bond Market ETF during the 3rd quarter worth $30,000. Evermay Wealth Management LLC acquired a new stake in iShares Core Total USD Bond Market ETF during the 3rd quarter worth $31,000. Finally, Darwin Wealth Management LLC acquired a new stake in iShares Core Total USD Bond Market ETF during the 3rd quarter worth $32,000.

iShares Core Total USD Bond Market ETF Stock Up 0.4 %

Shares of IUSB opened at $45.71 on Monday. iShares Core Total USD Bond Market ETF has a 52-week low of $44.21 and a 52-week high of $47.44. The firm’s fifty day moving average is $45.28 and its two-hundred day moving average is $46.00.

iShares Core Total USD Bond Market ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were paid a dividend of $0.1542 per share. The ex-dividend date was Monday, February 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.