Retirement Wealth Solutions LLC Invests $2.62 Million in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Retirement Wealth Solutions LLC purchased a new stake in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 58,420 shares of the company’s stock, valued at approximately $2,615,000. iShares Core Total USD Bond Market ETF makes up approximately 2.2% of Retirement Wealth Solutions LLC’s investment portfolio, making the stock its 10th biggest position.

Several other institutional investors also recently modified their holdings of IUSB. LPL Financial LLC boosted its stake in shares of iShares Core Total USD Bond Market ETF by 20.3% in the 3rd quarter. LPL Financial LLC now owns 39,330,716 shares of the company’s stock worth $1,853,263,000 after buying an additional 6,632,679 shares during the last quarter. CWM LLC lifted its holdings 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 acquiring an additional 3,483,112 shares during the period. JPMorgan Chase & Co. boosted its position in iShares Core Total USD Bond Market ETF by 14.7% in the third quarter. JPMorgan Chase & Co. now owns 20,716,912 shares of the company’s stock worth $976,181,000 after purchasing an additional 2,651,218 shares during the last quarter. Park Avenue Securities LLC grew its stake in shares of iShares Core Total USD Bond Market ETF by 17.8% during the 3rd quarter. Park Avenue Securities LLC now owns 12,498,157 shares of the company’s stock valued at $588,913,000 after purchasing an additional 1,890,434 shares during the period. Finally, Janney Montgomery Scott LLC increased its position in shares of iShares Core Total USD Bond Market ETF by 18.1% during the 3rd quarter. Janney Montgomery Scott LLC now owns 9,687,022 shares of the company’s stock valued at $456,453,000 after purchasing an additional 1,484,171 shares during the last quarter.

iShares Core Total USD Bond Market ETF Price Performance

IUSB opened at $45.20 on Friday. The company’s 50 day moving average is $45.50 and its 200 day moving average is $46.05. iShares Core Total USD Bond Market ETF has a 12-month low of $44.21 and a 12-month high of $47.44.

iShares Core Total USD Bond Market ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were given a dividend of $0.1605 per share. 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. This represents a $1.93 dividend on an annualized basis and a dividend yield of 4.26%.

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.