Keudell Morrison Wealth Management Acquires Shares of 4,572 iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Keudell Morrison Wealth Management acquired a new stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) in the fourth quarter, HoldingsChannel reports. The institutional investor acquired 4,572 shares of the company’s stock, valued at approximately $207,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. boosted its position in iShares Core Total USD Bond Market ETF by 39.1% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 9,548 shares of the company’s stock valued at $450,000 after buying an additional 2,682 shares during the last quarter. Creative Planning grew its stake in iShares Core Total USD Bond Market ETF by 8.0% in the third quarter. Creative Planning now owns 54,714 shares of the company’s stock worth $2,578,000 after purchasing an additional 4,037 shares in the last quarter. RFG Advisory LLC grew its stake in iShares Core Total USD Bond Market ETF by 14.8% in the third quarter. RFG Advisory LLC now owns 466,345 shares of the company’s stock worth $21,974,000 after purchasing an additional 60,166 shares in the last quarter. Beaird Harris Wealth Management LLC grew its stake in iShares Core Total USD Bond Market ETF by 168.4% in the third quarter. Beaird Harris Wealth Management LLC now owns 942 shares of the company’s stock worth $44,000 after purchasing an additional 591 shares in the last quarter. Finally, Sheridan Capital Management LLC grew its stake in iShares Core Total USD Bond Market ETF by 1.6% in the third quarter. Sheridan Capital Management LLC now owns 76,135 shares of the company’s stock worth $3,587,000 after purchasing an additional 1,200 shares in the last quarter.

iShares Core Total USD Bond Market ETF Trading Down 0.2 %

NASDAQ:IUSB opened at $45.45 on Friday. iShares Core Total USD Bond Market ETF has a one year low of $44.21 and a one year high of $47.44. The stock has a 50-day simple moving average of $45.45 and a 200 day simple moving average of $46.05.

iShares Core Total USD Bond Market ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Monday, December 23rd. Investors 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 4.24%. This is an increase from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16. The ex-dividend date of this dividend 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.