Alterna Wealth Management Inc. Trims Stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Alterna Wealth Management Inc. lessened its position in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 41.3% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 80,416 shares of the company’s stock after selling 56,660 shares during the quarter. iShares Core Total USD Bond Market ETF makes up approximately 3.1% of Alterna Wealth Management Inc.’s investment portfolio, making the stock its 9th largest holding. Alterna Wealth Management Inc.’s holdings in iShares Core Total USD Bond Market ETF were worth $3,635,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in IUSB. 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. SWAN Capital LLC bought a new position in iShares Core Total USD Bond Market ETF during the third quarter worth $25,000. Peterson Financial Group Inc. acquired a new stake in iShares Core Total USD Bond Market ETF in the third quarter worth $30,000. Evermay Wealth Management LLC bought a new stake in iShares Core Total USD Bond Market ETF in the third quarter valued at $31,000. Finally, Darwin Wealth Management LLC bought a new stake in iShares Core Total USD Bond Market ETF in the third quarter valued at $32,000.

iShares Core Total USD Bond Market ETF Price Performance

IUSB stock opened at $45.45 on Monday. The company’s 50-day moving average is $45.45 and its 200-day moving average is $46.05. iShares Core Total USD Bond Market ETF has a 1 year low of $44.21 and a 1 year high of $47.44.

iShares Core Total USD Bond Market ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were issued a $0.1605 dividend. The ex-dividend date of this dividend was Wednesday, December 18th. This represents a $1.93 annualized dividend and a yield of 4.24%. This is a positive change 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.