iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) Raises Dividend to $0.16 Per Share

iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) announced a monthly dividend on Tuesday, March 31st, NASDAQ Dividends reports. Stockholders of record on Wednesday, April 1st will be given a dividend of 0.1645 per share on Tuesday, April 7th. This represents a c) annualized dividend and a dividend yield of 4.3%. The ex-dividend date of this dividend is Wednesday, April 1st. This is a 4.6% increase from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16.

iShares Core Total USD Bond Market ETF Price Performance

Shares of iShares Core Total USD Bond Market ETF stock traded down $0.10 during trading on Wednesday, hitting $46.09. 2,806,424 shares of the stock were exchanged, compared to its average volume of 3,572,694. The firm’s 50-day moving average price is $46.60 and its 200 day moving average price is $46.68. The stock has a market cap of $34.66 billion, a price-to-earnings ratio of 10.80 and a beta of 0.26. iShares Core Total USD Bond Market ETF has a 12-month low of $44.74 and a 12-month high of $47.23.

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.