Sax Wealth Advisors LLC Buys 47,979 Shares of iShares Core Total USD Bond Market ETF $IUSB

Sax Wealth Advisors LLC raised its holdings in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 78.9% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 108,768 shares of the company’s stock after buying an additional 47,979 shares during the period. Sax Wealth Advisors LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $5,012,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Invesco Ltd. bought a new stake in iShares Core Total USD Bond Market ETF during the fourth quarter worth $7,525,000. Leslie Global Wealth LLC acquired a new stake in iShares Core Total USD Bond Market ETF during the 4th quarter worth about $11,499,000. Beacon Pointe Advisors LLC acquired a new stake in iShares Core Total USD Bond Market ETF during the 4th quarter worth about $216,000. Northern Trust Corp acquired a new stake in iShares Core Total USD Bond Market ETF during the 4th quarter worth about $205,000. Finally, Lido Advisors LLC bought a new position in shares of iShares Core Total USD Bond Market ETF during the 4th quarter worth about $373,000.

iShares Core Total USD Bond Market ETF Price Performance

IUSB stock opened at $46.33 on Friday. iShares Core Total USD Bond Market ETF has a 1 year low of $44.67 and a 1 year high of $47.44. The stock has a market capitalization of $33.42 billion, a PE ratio of 10.80 and a beta of 0.15. The company’s 50-day moving average is $45.98 and its 200-day moving average is $45.77.

iShares Core Total USD Bond Market ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, August 6th. Shareholders of record on Friday, August 1st were given a dividend of $0.1657 per share. The ex-dividend date of this dividend was Friday, August 1st. This represents a c) annualized dividend and a dividend yield of 4.3%. This is an increase from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16.

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.