Veridan Wealth LLC Invests $8.48 Million in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Veridan Wealth LLC purchased a new stake in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 187,176 shares of the company’s stock, valued at approximately $8,483,000. iShares Core Total USD Bond Market ETF makes up approximately 4.0% of Veridan Wealth LLC’s portfolio, making the stock its 3rd largest holding.

Other large investors have also recently added to or reduced their stakes in the company. LGT Financial Advisors LLC raised its holdings in shares of iShares Core Total USD Bond Market ETF by 18.2% during the third quarter. LGT Financial Advisors LLC now owns 1,421 shares of the company’s stock worth $67,000 after purchasing an additional 219 shares during the period. Thompson Investment Management Inc. grew its position in shares of iShares Core Total USD Bond Market ETF by 11.4% during the 4th quarter. Thompson Investment Management Inc. now owns 2,200 shares of the company’s stock valued at $99,000 after buying an additional 225 shares during the last quarter. Kovack Advisors Inc. raised its stake in iShares Core Total USD Bond Market ETF by 4.3% during the third quarter. Kovack Advisors Inc. now owns 5,557 shares of the company’s stock worth $262,000 after acquiring an additional 227 shares during the period. McAdam LLC lifted its holdings in iShares Core Total USD Bond Market ETF by 2.3% in the fourth quarter. McAdam LLC now owns 10,354 shares of the company’s stock worth $468,000 after acquiring an additional 230 shares during the last quarter. Finally, Snider Financial Group boosted its stake in iShares Core Total USD Bond Market ETF by 3.3% in the third quarter. Snider Financial Group now owns 7,521 shares of the company’s stock valued at $354,000 after acquiring an additional 238 shares during the period.

iShares Core Total USD Bond Market ETF Stock Down 0.2 %

NASDAQ:IUSB opened at $46.04 on Friday. iShares Core Total USD Bond Market ETF has a 52 week low of $44.21 and a 52 week high of $47.44. The stock has a 50 day moving average of $45.32 and a 200-day moving average of $46.00.

iShares Core Total USD Bond Market ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were paid a dividend of $0.1542 per share. The ex-dividend date was Monday, February 3rd.

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.