Alterna Wealth Management Inc. Has $3.64 Million Stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Alterna Wealth Management Inc. decreased its holdings in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 41.3% during the 4th quarter, Holdings Channel.com reports. The fund owned 80,416 shares of the company’s stock after selling 56,660 shares during the quarter. iShares Core Total USD Bond Market ETF accounts for 3.1% of Alterna Wealth Management Inc.’s investment portfolio, making the stock its 9th biggest holding. Alterna Wealth Management Inc.’s holdings in iShares Core Total USD Bond Market ETF were worth $3,635,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the stock. Creative Planning grew its holdings in shares of iShares Core Total USD Bond Market ETF by 1.1% in the second quarter. Creative Planning now owns 50,677 shares of the company’s stock valued at $2,292,000 after acquiring an additional 564 shares in the last quarter. Centaurus Financial Inc. purchased a new position in iShares Core Total USD Bond Market ETF in the second quarter worth $188,000. FC Advisory LLC grew its stake in iShares Core Total USD Bond Market ETF by 1.5% in the 3rd quarter. FC Advisory LLC now owns 62,437 shares of the company’s stock valued at $2,942,000 after purchasing an additional 894 shares during the period. Miracle Mile Advisors LLC increased its position in shares of iShares Core Total USD Bond Market ETF by 2.5% during the 3rd quarter. Miracle Mile Advisors LLC now owns 525,982 shares of the company’s stock valued at $24,784,000 after purchasing an additional 12,992 shares during the last quarter. Finally, KWB Wealth increased its position in shares of iShares Core Total USD Bond Market ETF by 9.0% during the 3rd quarter. KWB Wealth now owns 218,525 shares of the company’s stock valued at $9,882,000 after purchasing an additional 18,016 shares during the last quarter.

iShares Core Total USD Bond Market ETF Price Performance

Shares of NASDAQ:IUSB opened at $45.45 on Monday. The company’s 50-day moving average is $45.45 and its 200 day moving average is $46.05. iShares Core Total USD Bond Market ETF has a fifty-two week low of $44.21 and a fifty-two week high of $47.44.

iShares Core Total USD Bond Market ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were given a dividend of $0.1605 per share. 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 4.24%. The ex-dividend date was Wednesday, December 18th.

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.