Synergy Investment Management LLC Invests $29,000 in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Synergy Investment Management LLC bought a new stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 635 shares of the company’s stock, valued at approximately $29,000.

Several other hedge funds have also recently added to or reduced their stakes in IUSB. Avidian Wealth Enterprises LLC raised its holdings in iShares Core Total USD Bond Market ETF by 6.0% in the third quarter. Avidian Wealth Enterprises LLC now owns 760,414 shares of the company’s stock valued at $35,831,000 after acquiring an additional 43,233 shares in the last quarter. Beacon Financial Advisory LLC raised its holdings in iShares Core Total USD Bond Market ETF by 18.4% in the third quarter. Beacon Financial Advisory LLC now owns 32,385 shares of the company’s stock valued at $1,526,000 after acquiring an additional 5,041 shares in the last quarter. Catalina Capital Group LLC raised its holdings in iShares Core Total USD Bond Market ETF by 14.6% in the third quarter. Catalina Capital Group LLC now owns 38,585 shares of the company’s stock valued at $1,818,000 after acquiring an additional 4,905 shares in the last quarter. White Lighthouse Investment Management Inc. raised its holdings in iShares Core Total USD Bond Market ETF by 4.2% in the third quarter. White Lighthouse Investment Management Inc. now owns 90,521 shares of the company’s stock valued at $4,265,000 after acquiring an additional 3,684 shares in the last quarter. Finally, Maia Wealth LLC raised its holdings in iShares Core Total USD Bond Market ETF by 49.0% in the third quarter. Maia Wealth LLC now owns 147,942 shares of the company’s stock valued at $6,808,000 after acquiring an additional 48,651 shares in the last quarter.

iShares Core Total USD Bond Market ETF Stock Down 0.3 %

Shares of NASDAQ:IUSB opened at $45.92 on Thursday. The firm’s 50 day moving average price is $45.40 and its 200 day moving average price is $45.98. The stock has a market cap of $32.66 billion, a price-to-earnings ratio of 16.77 and a beta of 0.15. iShares Core Total USD Bond Market ETF has a fifty-two week low of $44.21 and a fifty-two week high of $47.44.

iShares Core Total USD Bond Market ETF Increases Dividend

The business also recently declared a dividend, which will be paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd will be paid a $0.1553 dividend. This is a positive change from iShares Core Total USD Bond Market ETF’s previous dividend of $0.15. The ex-dividend date of this dividend is Monday, March 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.