Elevation Wealth Partners LLC Buys 43,280 Shares of iShares Core Total USD Bond Market ETF $IUSB

Elevation Wealth Partners LLC increased its position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 5.6% in the third quarter, Holdings Channel reports. The firm owned 820,424 shares of the company’s stock after purchasing an additional 43,280 shares during the quarter. iShares Core Total USD Bond Market ETF accounts for 10.2% of Elevation Wealth Partners LLC’s holdings, making the stock its biggest holding. Elevation Wealth Partners LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $36,172,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of IUSB. Beacon Financial Group raised its stake in iShares Core Total USD Bond Market ETF by 3.9% during the first quarter. Beacon Financial Group now owns 5,993 shares of the company’s stock valued at $277,000 after buying an additional 226 shares in the last quarter. Davidson Investment Advisors increased its holdings in shares of iShares Core Total USD Bond Market ETF by 1.9% in the 2nd quarter. Davidson Investment Advisors now owns 12,237 shares of the company’s stock valued at $565,000 after acquiring an additional 234 shares during the last quarter. Acorn Financial Advisory Services Inc. ADV raised its position in shares of iShares Core Total USD Bond Market ETF by 5.9% during the 2nd quarter. Acorn Financial Advisory Services Inc. ADV now owns 5,158 shares of the company’s stock valued at $238,000 after acquiring an additional 289 shares in the last quarter. Pinnacle Bancorp Inc. lifted its stake in iShares Core Total USD Bond Market ETF by 5.7% during the first quarter. Pinnacle Bancorp Inc. now owns 5,923 shares of the company’s stock worth $274,000 after purchasing an additional 319 shares during the last quarter. Finally, Anchor Investment Management LLC boosted its holdings in iShares Core Total USD Bond Market ETF by 30.5% in the fourth quarter. Anchor Investment Management LLC now owns 1,451 shares of the company’s stock worth $68,000 after purchasing an additional 339 shares during the period.

iShares Core Total USD Bond Market ETF Stock Down 0.0%

IUSB stock traded down $0.01 during trading on Wednesday, hitting $44.02. 8,788,719 shares of the company’s stock traded hands, compared to its average volume of 5,156,740. The stock has a market capitalization of $48.11 billion, a price-to-earnings ratio of 10.80 and a beta of 0.27. iShares Core Total USD Bond Market ETF has a 52 week low of $43.75 and a 52 week high of $47.23. The stock has a fifty day moving average price of $45.04 and a two-hundred day moving average price of $45.67.

iShares Core Total USD Bond Market ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, October 6th. Investors of record on Thursday, October 1st were given a dividend of $0.1544 per share. This represents a $1.85 dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date of this dividend was Thursday, October 1st.

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.