West Wealth Group LLC Grows Stock Position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

West Wealth Group LLC grew its position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 3.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 358,298 shares of the company’s stock after purchasing an additional 13,439 shares during the quarter. iShares Core Total USD Bond Market ETF makes up about 4.8% of West Wealth Group LLC’s investment portfolio, making the stock its 8th largest holding. West Wealth Group LLC owned approximately 0.05% of iShares Core Total USD Bond Market ETF worth $16,195,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Abich Financial Wealth Management LLC bought a new position in iShares Core Total USD Bond Market ETF during the third quarter valued at $25,000. SWAN Capital LLC bought a new stake in shares of iShares Core Total USD Bond Market ETF during the third quarter worth $25,000. Peterson Financial Group Inc. purchased a new stake in shares of iShares Core Total USD Bond Market ETF during the third quarter valued at $30,000. Evermay Wealth Management LLC purchased a new position in iShares Core Total USD Bond Market ETF in the 3rd quarter worth about $31,000. Finally, Darwin Wealth Management LLC bought a new stake in iShares Core Total USD Bond Market ETF during the 3rd quarter valued at about $32,000.

iShares Core Total USD Bond Market ETF Stock Performance

Shares of IUSB stock opened at $45.27 on Monday. The company’s 50-day simple moving average is $45.46 and its two-hundred day simple moving average is $46.06. 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 announced a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were given a dividend of $0.1605 per share. The ex-dividend date of this dividend was Wednesday, December 18th. This is a positive change from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16. This represents a $1.93 dividend on an annualized basis and a yield of 4.25%.

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.