Spectrum Planning & Advisory Services Inc. Acquires 25,240 Shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Spectrum Planning & Advisory Services Inc. lifted its position in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 19.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 154,419 shares of the company’s stock after buying an additional 25,240 shares during the quarter. iShares Core Total USD Bond Market ETF comprises about 6.1% of Spectrum Planning & Advisory Services Inc.’s holdings, making the stock its 5th largest position. Spectrum Planning & Advisory Services Inc.’s holdings in iShares Core Total USD Bond Market ETF were worth $6,980,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Charles Schwab Investment Management Inc. boosted its holdings in iShares Core Total USD Bond Market ETF by 39.1% in the third quarter. Charles Schwab Investment Management Inc. now owns 9,548 shares of the company’s stock worth $450,000 after acquiring an additional 2,682 shares in the last quarter. Creative Planning increased its stake in iShares Core Total USD Bond Market ETF by 8.0% during the 3rd quarter. Creative Planning now owns 54,714 shares of the company’s stock valued at $2,578,000 after purchasing an additional 4,037 shares in the last quarter. Alternative Investment Advisors LLC. acquired a new position in iShares Core Total USD Bond Market ETF during the second quarter worth $1,995,000. RFG Advisory LLC lifted its stake in shares of iShares Core Total USD Bond Market ETF by 14.8% in the third quarter. RFG Advisory LLC now owns 466,345 shares of the company’s stock valued at $21,974,000 after buying an additional 60,166 shares in the last quarter. Finally, Beaird Harris Wealth Management LLC raised its holdings in shares of iShares Core Total USD Bond Market ETF by 168.4% in the 3rd quarter. Beaird Harris Wealth Management LLC now owns 942 shares of the company’s stock worth $44,000 after acquiring an additional 591 shares during the last quarter.

iShares Core Total USD Bond Market ETF Stock Down 0.0 %

Shares of IUSB opened at $45.48 on Wednesday. iShares Core Total USD Bond Market ETF has a 12 month low of $44.21 and a 12 month high of $47.44. The stock has a 50 day moving average of $45.46 and a 200 day moving average of $46.06.

iShares Core Total USD Bond Market ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were issued a $0.1605 dividend. The ex-dividend date was Wednesday, December 18th. This represents a $1.93 annualized dividend and a yield of 4.23%. 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 Company 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.