TCP Asset Management LLC Invests $387,000 in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

TCP Asset Management LLC acquired a new stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) in the 3rd quarter, Holdings Channel reports. The institutional investor acquired 8,218 shares of the company’s stock, valued at approximately $387,000.

A number of other hedge funds and other institutional investors have also modified their holdings of IUSB. Patriot Financial Group Insurance Agency LLC grew its holdings in shares of iShares Core Total USD Bond Market ETF by 35.2% in the 3rd quarter. Patriot Financial Group Insurance Agency LLC now owns 115,107 shares of the company’s stock valued at $5,424,000 after buying an additional 29,963 shares during the period. Hibernia Wealth Partners LLC grew its stake in shares of iShares Core Total USD Bond Market ETF by 17.2% during the 3rd quarter. Hibernia Wealth Partners LLC now owns 6,447 shares of the company’s stock worth $304,000 after acquiring an additional 944 shares in the last quarter. OMNI 360 Wealth Inc. increased its stake in iShares Core Total USD Bond Market ETF by 1.3% in the 3rd quarter. OMNI 360 Wealth Inc. now owns 32,185 shares of the company’s stock valued at $1,517,000 after buying an additional 400 shares during the last quarter. ShoreHaven Wealth Partners LLC raised its holdings in iShares Core Total USD Bond Market ETF by 20.3% during the third quarter. ShoreHaven Wealth Partners LLC now owns 17,923 shares of the company’s stock worth $845,000 after acquiring an additional 3,025 shares in the last quarter. Finally, Bay Harbor Wealth Management LLC grew its stake in shares of iShares Core Total USD Bond Market ETF by 14.1% in the third quarter. Bay Harbor Wealth Management LLC now owns 591,729 shares of the company’s stock valued at $27,882,000 after buying an additional 73,003 shares in the last quarter.

iShares Core Total USD Bond Market ETF Price Performance

NASDAQ IUSB traded down $0.08 during midday trading on Monday, hitting $45.86. The company had a trading volume of 915,268 shares, compared to its average volume of 2,971,701. iShares Core Total USD Bond Market ETF has a twelve month low of $42.83 and a twelve month high of $47.44. The firm has a 50-day moving average price of $46.77 and a 200-day moving average price of $45.82.

iShares Core Total USD Bond Market ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were issued a dividend of $0.1569 per share. The ex-dividend date of this dividend was Tuesday, September 3rd.

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.