Maxwell Wealth Strategies Inc. Purchases 5,270 Shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Maxwell Wealth Strategies Inc. raised its position in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 7.9% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 72,098 shares of the company’s stock after buying an additional 5,270 shares during the period. iShares Core Total USD Bond Market ETF comprises 1.4% of Maxwell Wealth Strategies Inc.’s portfolio, making the stock its 20th biggest position. Maxwell Wealth Strategies Inc.’s holdings in iShares Core Total USD Bond Market ETF were worth $3,304,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the company. Abich Financial Wealth Management LLC acquired a new stake in iShares Core Total USD Bond Market ETF during the 3rd quarter valued at $25,000. Evermay Wealth Management LLC acquired a new stake in shares of iShares Core Total USD Bond Market ETF in the third quarter valued at $31,000. Scarborough Advisors LLC raised its holdings in shares of iShares Core Total USD Bond Market ETF by 120.7% in the second quarter. Scarborough Advisors LLC now owns 865 shares of the company’s stock valued at $39,000 after buying an additional 473 shares during the last quarter. National Bank of Canada FI bought a new position in shares of iShares Core Total USD Bond Market ETF in the second quarter valued at about $43,000. Finally, Cultivar Capital Inc. bought a new stake in iShares Core Total USD Bond Market ETF during the 2nd quarter worth about $45,000.

iShares Core Total USD Bond Market ETF Stock Performance

IUSB opened at $45.52 on Friday. iShares Core Total USD Bond Market ETF has a 1-year low of $44.08 and a 1-year high of $47.44. The firm has a 50-day moving average price of $46.46 and a two-hundred day moving average price of $45.93.

iShares Core Total USD Bond Market ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were issued a $0.1577 dividend. The ex-dividend date of this dividend was Friday, November 1st. This represents a $1.89 dividend on an annualized basis and a dividend yield of 4.16%. This is a positive change from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16.

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.