Meridian Wealth Management LLC Has $423,000 Stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Meridian Wealth Management LLC increased its stake in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 4.8% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 8,969 shares of the company’s stock after acquiring an additional 409 shares during the period. Meridian Wealth Management LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $423,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Abich Financial Wealth Management LLC acquired a new stake in shares of iShares Core Total USD Bond Market ETF during the 3rd quarter worth approximately $25,000. Peterson Financial Group Inc. bought a new position in iShares Core Total USD Bond Market ETF in the 3rd quarter valued at $30,000. Evermay Wealth Management LLC bought a new position in iShares Core Total USD Bond Market ETF in the 3rd quarter valued at $31,000. Darwin Wealth Management LLC bought a new position in iShares Core Total USD Bond Market ETF in the 3rd quarter valued at $32,000. Finally, Scarborough Advisors LLC raised its position in shares of iShares Core Total USD Bond Market ETF by 120.7% during the second quarter. Scarborough Advisors LLC now owns 865 shares of the company’s stock worth $39,000 after acquiring an additional 473 shares during the last quarter.

iShares Core Total USD Bond Market ETF Stock Performance

IUSB stock opened at $45.61 on Monday. iShares Core Total USD Bond Market ETF has a twelve month low of $44.21 and a twelve month high of $47.44. The business has a fifty day moving average of $46.29 and a 200-day moving average of $45.98.

iShares Core Total USD Bond Market ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were given a dividend of $0.1577 per share. The ex-dividend date was Friday, November 1st. This represents a $1.89 dividend on an annualized basis and a dividend yield of 4.15%. This is an increase from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16.

iShares Core Total USD Bond Market ETF 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.