Endeavor Private Wealth Inc. Purchases Shares of 166,669 iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Endeavor Private Wealth Inc. acquired a new position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 166,669 shares of the company’s stock, valued at approximately $7,533,000. iShares Core Total USD Bond Market ETF comprises 7.2% of Endeavor Private Wealth Inc.’s investment portfolio, making the stock its biggest holding.

Several other hedge funds also recently modified their holdings of the stock. Abich Financial Wealth Management LLC bought a new position in shares of iShares Core Total USD Bond Market ETF during the 3rd quarter worth approximately $25,000. SWAN Capital LLC bought a new stake in iShares Core Total USD Bond Market ETF during the third quarter worth $25,000. Peterson Financial Group Inc. bought a new stake in iShares Core Total USD Bond Market ETF during the third quarter worth $30,000. Evermay Wealth Management LLC purchased a new position in iShares Core Total USD Bond Market ETF in the third quarter worth $31,000. Finally, Darwin Wealth Management LLC bought a new position in iShares Core Total USD Bond Market ETF in the 3rd quarter valued at $32,000.

iShares Core Total USD Bond Market ETF Trading Down 0.2 %

NASDAQ IUSB opened at $45.27 on Thursday. The business’s fifty day moving average is $45.47 and its 200-day moving average is $46.06. iShares Core Total USD Bond Market ETF has a one year low of $44.21 and a one year high of $47.44.

iShares Core Total USD Bond Market ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were paid a $0.1605 dividend. This represents a $1.93 dividend on an annualized basis and a yield of 4.25%. This is a boost from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16. The ex-dividend date was Wednesday, December 18th.

About iShares Core Total USD Bond Market ETF

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.