Frisch Financial Group Inc. Raises Holdings in iShares Core Total USD Bond Market ETF $IUSB

Frisch Financial Group Inc. grew its holdings in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSBFree Report) by 93.2% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 457,422 shares of the company’s stock after purchasing an additional 220,660 shares during the period. iShares Core Total USD Bond Market ETF makes up about 4.4% of Frisch Financial Group Inc.’s portfolio, making the stock its 7th biggest holding. Frisch Financial Group Inc. owned about 0.06% of iShares Core Total USD Bond Market ETF worth $21,128,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of IUSB. Royal Fund Management LLC grew its stake in iShares Core Total USD Bond Market ETF by 186.5% during the 4th quarter. Royal Fund Management LLC now owns 162,128 shares of the company’s stock valued at $7,546,000 after purchasing an additional 105,546 shares during the last quarter. Prime Capital Investment Advisors LLC lifted its holdings in shares of iShares Core Total USD Bond Market ETF by 633.5% in the 4th quarter. Prime Capital Investment Advisors LLC now owns 33,227 shares of the company’s stock valued at $1,546,000 after buying an additional 28,697 shares during the period. Nations Financial Group Inc. IA ADV boosted its stake in shares of iShares Core Total USD Bond Market ETF by 107.0% in the fourth quarter. Nations Financial Group Inc. IA ADV now owns 40,417 shares of the company’s stock worth $1,881,000 after buying an additional 20,889 shares during the last quarter. Shira Ridge Wealth Management raised its position in iShares Core Total USD Bond Market ETF by 15.1% during the fourth quarter. Shira Ridge Wealth Management now owns 98,238 shares of the company’s stock valued at $4,572,000 after acquiring an additional 12,893 shares in the last quarter. Finally, Jacobson & Schmitt Advisors LLC lifted its holdings in iShares Core Total USD Bond Market ETF by 2.0% in the fourth quarter. Jacobson & Schmitt Advisors LLC now owns 779,202 shares of the company’s stock valued at $36,264,000 after acquiring an additional 15,358 shares during the period.

iShares Core Total USD Bond Market ETF Price Performance

IUSB stock opened at $45.77 on Friday. The firm has a market cap of $42.85 billion, a P/E ratio of 10.80 and a beta of 0.26. iShares Core Total USD Bond Market ETF has a 52-week low of $45.47 and a 52-week high of $47.23. The company’s 50-day simple moving average is $45.96 and its 200-day simple moving average is $46.32.

iShares Core Total USD Bond Market ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st were paid a $0.164 dividend. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a c) dividend on an annualized basis and a yield of 4.3%. This is an increase from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.15.

About iShares Core Total USD Bond Market ETF

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

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