iShares Core Total USD Bond Market ETF $IUSB Stock: International Assets Investment Management LLC Boosts Stake

International Assets Investment Management LLC raised its position in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 255.4% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 63,561 shares of the company’s stock after purchasing an additional 45,677 shares during the period. International Assets Investment Management LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $2,802,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Partners Wealth Management LLC purchased a new position in iShares Core Total USD Bond Market ETF during the 3rd quarter valued at about $343,000. Soltis Investment Advisors LLC bought a new stake in iShares Core Total USD Bond Market ETF during the third quarter worth about $632,000. Interchange Capital Partners LLC boosted its stake in iShares Core Total USD Bond Market ETF by 13.3% during the third quarter. Interchange Capital Partners LLC now owns 5,935 shares of the company’s stock worth $262,000 after acquiring an additional 699 shares in the last quarter. VestGen Advisors LLC grew its holdings in iShares Core Total USD Bond Market ETF by 6.5% in the third quarter. VestGen Advisors LLC now owns 355,600 shares of the company’s stock worth $15,678,000 after purchasing an additional 21,805 shares during the period. Finally, Victory Financial Group LLC grew its holdings in iShares Core Total USD Bond Market ETF by 65.3% in the third quarter. Victory Financial Group LLC now owns 11,588 shares of the company’s stock worth $511,000 after purchasing an additional 4,578 shares during the period.

iShares Core Total USD Bond Market ETF Stock Performance

Shares of IUSB opened at $44.76 on Tuesday. iShares Core Total USD Bond Market ETF has a fifty-two week low of $43.75 and a fifty-two week high of $47.23. The firm’s 50-day simple moving average is $44.69 and its two-hundred day simple moving average is $45.79. The stock has a market cap of $49.93 billion, a PE ratio of 10.80 and a beta of 0.27.

iShares Core Total USD Bond Market ETF Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Thursday, November 5th. Stockholders of record on Monday, November 2nd will be given a $0.1718 dividend. The ex-dividend date of this dividend is Monday, November 2nd. This represents a $2.06 dividend on an annualized basis and a dividend yield of 4.6%. This is an increase from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.1544.

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.