iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) Sets New 12-Month Low – Here’s Why

iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) reached a new 52-week low on Tuesday . The company traded as low as $45.19 and last traded at $45.22, with a volume of 138088 shares trading hands. The stock had previously closed at $45.45.

iShares Core Total USD Bond Market ETF Stock Down 0.5%

The firm has a market capitalization of $42.84 billion, a P/E ratio of 10.80 and a beta of 0.26. The firm has a 50 day moving average of $45.68 and a 200-day moving average of $46.07.

iShares Core Total USD Bond Market ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Thursday, August 6th. Shareholders of record on Monday, August 3rd were issued a $0.1686 dividend. The ex-dividend date of this dividend was Monday, August 3rd.

Institutional Trading of iShares Core Total USD Bond Market ETF

Several large investors have recently modified their holdings of IUSB. CIBC Private Wealth Group LLC bought a new position in shares of iShares Core Total USD Bond Market ETF in the third quarter worth $27,000. Mcguire Capital Advisors Inc. bought a new stake in iShares Core Total USD Bond Market ETF during the fourth quarter worth about $30,000. JNBA Financial Advisors bought a new stake in iShares Core Total USD Bond Market ETF during the second quarter worth about $32,000. Hurley Capital LLC acquired a new stake in iShares Core Total USD Bond Market ETF during the fourth quarter worth about $33,000. Finally, Advocate Investing Services LLC bought a new position in iShares Core Total USD Bond Market ETF in the 1st quarter valued at about $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.