iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) Sets New 52-Week Low – Here’s What Happened

iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) shares reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $45.09 and last traded at $45.09, with a volume of 729829 shares trading hands. The stock had previously closed at $45.21.

iShares Core Total USD Bond Market ETF Price Performance

The company’s fifty day simple moving average is $45.56 and its 200-day simple moving average is $46.00. The firm has a market capitalization of $42.74 billion, a PE ratio of 10.80 and a beta of 0.26.

iShares Core Total USD Bond Market ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, September 4th. Investors of record on Tuesday, September 1st were issued a $0.168 dividend. The ex-dividend date of this dividend was Tuesday, September 1st.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. CIBC Private Wealth Group LLC acquired a new position in iShares Core Total USD Bond Market ETF in the third quarter valued at about $27,000. Mcguire Capital Advisors Inc. purchased a new stake in shares of iShares Core Total USD Bond Market ETF during the fourth quarter worth approximately $30,000. JNBA Financial Advisors acquired a new position in shares of iShares Core Total USD Bond Market ETF during the second quarter worth $32,000. Hurley Capital LLC purchased a new position in shares of iShares Core Total USD Bond Market ETF in the 4th quarter valued at about $33,000. Finally, Advocate Investing Services LLC purchased a new stake in shares of iShares Core Total USD Bond Market ETF during the 1st quarter worth approximately $42,000.

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.