Maridea Wealth Management LLC Buys Shares of 6,665 iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Maridea Wealth Management LLC purchased a new position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 6,665 shares of the company’s stock, valued at approximately $301,000.

Several other hedge funds have also recently modified their holdings of IUSB. Jones Financial Companies Lllp raised its stake in iShares Core Total USD Bond Market ETF by 12.2% in the fourth quarter. Jones Financial Companies Lllp now owns 60,525,582 shares of the company’s stock worth $2,735,756,000 after buying an additional 6,586,279 shares in the last quarter. LPL Financial LLC raised its position in shares of iShares Core Total USD Bond Market ETF by 13.5% in the 4th quarter. LPL Financial LLC now owns 44,646,696 shares of the company’s stock worth $2,018,031,000 after acquiring an additional 5,315,980 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in shares of iShares Core Total USD Bond Market ETF by 14.7% during the 3rd 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. MML Investors Services LLC lifted its stake in shares of iShares Core Total USD Bond Market ETF by 22.2% during the 3rd quarter. MML Investors Services LLC now owns 8,454,621 shares of the company’s stock worth $398,382,000 after purchasing an additional 1,535,400 shares during the last quarter. Finally, Kestra Investment Management LLC boosted its position in iShares Core Total USD Bond Market ETF by 62.3% during the third quarter. Kestra Investment Management LLC now owns 4,620,587 shares of the company’s stock valued at $217,722,000 after purchasing an additional 1,773,270 shares in the last quarter.

iShares Core Total USD Bond Market ETF Stock Performance

Shares of iShares Core Total USD Bond Market ETF stock opened at $45.98 on Friday. The company has a market capitalization of $32.71 billion, a PE ratio of 10.90 and a beta of 0.15. The company has a 50-day simple moving average of $45.68 and a two-hundred day simple moving average of $45.87. 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 company also recently disclosed a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were paid a dividend of $0.1553 per share. The ex-dividend date was Monday, March 3rd. This is a positive change from iShares Core Total USD Bond Market ETF’s previous dividend of $0.15.

iShares Core Total USD Bond Market ETF Company 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.