Charles Schwab Investment Management Inc. Has $450,000 Stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Charles Schwab Investment Management Inc. lifted its holdings in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 39.1% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,548 shares of the company’s stock after purchasing an additional 2,682 shares during the quarter. Charles Schwab Investment Management Inc.’s holdings in iShares Core Total USD Bond Market ETF were worth $450,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Abich Financial Wealth Management LLC bought a new stake in iShares Core Total USD Bond Market ETF during the 3rd quarter worth approximately $25,000. Peterson Financial Group Inc. acquired a new position in shares of iShares Core Total USD Bond Market ETF in the third quarter valued at approximately $30,000. Evermay Wealth Management LLC acquired a new stake in shares of iShares Core Total USD Bond Market ETF during the third quarter worth $31,000. Darwin Wealth Management LLC acquired a new stake in shares of iShares Core Total USD Bond Market ETF during the third quarter worth $32,000. Finally, Scarborough Advisors LLC lifted its position in iShares Core Total USD Bond Market ETF by 120.7% in the 2nd quarter. Scarborough Advisors LLC now owns 865 shares of the company’s stock valued at $39,000 after acquiring an additional 473 shares in the last quarter.

iShares Core Total USD Bond Market ETF Trading Down 0.3 %

IUSB stock opened at $45.07 on Friday. The stock has a 50-day moving average price of $45.89 and a two-hundred day moving average price of $46.09. 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 Increases Dividend

The company also recently disclosed a monthly dividend, which will be paid on Monday, December 23rd. Investors of record on Wednesday, December 18th will be issued a dividend of $0.1605 per share. The ex-dividend date is Wednesday, December 18th. This is an increase from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16. This represents a $1.93 dividend on an annualized basis and a dividend yield of 4.27%.

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.