Summit Wealth Partners LLC Boosts Holdings in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Summit Wealth Partners LLC raised its position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 21.7% during the third quarter, HoldingsChannel.com reports. The firm owned 145,786 shares of the company’s stock after purchasing an additional 26,024 shares during the period. iShares Core Total USD Bond Market ETF makes up 1.3% of Summit Wealth Partners LLC’s portfolio, making the stock its 22nd biggest position. Summit Wealth Partners LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $6,869,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in IUSB. Abich Financial Wealth Management LLC purchased a new position in shares of iShares Core Total USD Bond Market ETF during the third quarter worth approximately $25,000. Evermay Wealth Management LLC purchased a new position in iShares Core Total USD Bond Market ETF during the 3rd quarter worth $31,000. Scarborough Advisors LLC raised its position in iShares Core Total USD Bond Market ETF by 120.7% during the 2nd quarter. Scarborough Advisors LLC now owns 865 shares of the company’s stock valued at $39,000 after purchasing an additional 473 shares in the last quarter. National Bank of Canada FI purchased a new stake in shares of iShares Core Total USD Bond Market ETF in the 2nd quarter worth $43,000. Finally, Fifth Third Bancorp bought a new position in shares of iShares Core Total USD Bond Market ETF during the 2nd quarter worth $45,000.

iShares Core Total USD Bond Market ETF Stock Performance

Shares of iShares Core Total USD Bond Market ETF stock opened at $45.85 on Friday. iShares Core Total USD Bond Market ETF has a 12 month low of $42.86 and a 12 month high of $47.44. The stock’s fifty day moving average price is $46.71 and its 200-day moving average price is $45.84.

iShares Core Total USD Bond Market ETF Dividend Announcement

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