Summit Wealth Partners LLC Has $8.31 Million Stake 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 26.0% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 183,740 shares of the company’s stock after purchasing an additional 37,954 shares during the period. iShares Core Total USD Bond Market ETF accounts for approximately 1.7% of Summit Wealth Partners LLC’s portfolio, making the stock its 17th largest position. Summit Wealth Partners LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $8,305,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. LGT Financial Advisors LLC lifted its position in shares of iShares Core Total USD Bond Market ETF by 18.2% during the 3rd quarter. LGT Financial Advisors LLC now owns 1,421 shares of the company’s stock valued at $67,000 after acquiring an additional 219 shares during the period. Kovack Advisors Inc. lifted its position in shares of iShares Core Total USD Bond Market ETF by 4.3% during the 3rd quarter. Kovack Advisors Inc. now owns 5,557 shares of the company’s stock valued at $262,000 after acquiring an additional 227 shares during the period. McAdam LLC lifted its position in shares of iShares Core Total USD Bond Market ETF by 2.3% during the 4th quarter. McAdam LLC now owns 10,354 shares of the company’s stock valued at $468,000 after acquiring an additional 230 shares during the period. Snider Financial Group raised its holdings in iShares Core Total USD Bond Market ETF by 3.3% during the third quarter. Snider Financial Group now owns 7,521 shares of the company’s stock worth $354,000 after buying an additional 238 shares during the last quarter. Finally, Sugarloaf Wealth Management LLC raised its holdings in iShares Core Total USD Bond Market ETF by 8.4% during the third quarter. Sugarloaf Wealth Management LLC now owns 3,447 shares of the company’s stock worth $162,000 after buying an additional 266 shares during the last quarter.

iShares Core Total USD Bond Market ETF Stock Performance

IUSB opened at $45.62 on Thursday. The company’s fifty day moving average price is $45.43 and its two-hundred day moving average price is $46.04. 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 Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd will be issued a dividend of $0.1542 per share. The ex-dividend date of this dividend is 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.