Riverbend Wealth Management LLC Makes New Investment in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Riverbend Wealth Management LLC purchased a new stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 5,360 shares of the company’s stock, valued at approximately $242,000.

Other institutional investors have also added to or reduced their stakes in the company. SWAN Capital LLC acquired a new stake in iShares Core Total USD Bond Market ETF during the third quarter worth approximately $25,000. Synergy Investment Management LLC bought a new position in shares of iShares Core Total USD Bond Market ETF in the 4th quarter worth $29,000. Peterson Financial Group Inc. acquired a new stake in iShares Core Total USD Bond Market ETF in the 3rd quarter valued at $30,000. Darwin Wealth Management LLC acquired a new stake in iShares Core Total USD Bond Market ETF in the 3rd quarter valued at $32,000. Finally, First Financial Corp IN bought a new stake in iShares Core Total USD Bond Market ETF during the 4th quarter valued at $35,000.

iShares Core Total USD Bond Market ETF Trading Up 0.4 %

iShares Core Total USD Bond Market ETF stock opened at $46.01 on Tuesday. The firm has a market capitalization of $32.73 billion, a price-to-earnings ratio of 16.77 and a beta of 0.15. The firm’s fifty day moving average price is $45.45 and its two-hundred day moving average price is $45.96. iShares Core Total USD Bond Market ETF has a 1-year low of $44.21 and a 1-year high of $47.44.

iShares Core Total USD Bond Market ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were given a $0.1553 dividend. This is a boost from iShares Core Total USD Bond Market ETF’s previous dividend of $0.15. The ex-dividend date of this dividend was Monday, March 3rd.

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.