iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) Shares Purchased by Royal Fund Management LLC

Royal Fund Management LLC raised its stake in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 1.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 100,370 shares of the company’s stock after purchasing an additional 1,069 shares during the period. Royal Fund Management LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $4,624,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of IUSB. Parkside Financial Bank & Trust acquired a new stake in iShares Core Total USD Bond Market ETF in the 4th quarter worth about $27,000. Planned Solutions Inc. purchased a new stake in shares of iShares Core Total USD Bond Market ETF during the fourth quarter worth approximately $28,000. Simplex Trading LLC acquired a new position in iShares Core Total USD Bond Market ETF in the 4th quarter valued at $30,000. Asset Dedication LLC purchased a new position in iShares Core Total USD Bond Market ETF in the 3rd quarter valued at $37,000. Finally, Whittier Trust Co. of Nevada Inc. acquired a new stake in iShares Core Total USD Bond Market ETF during the 4th quarter worth $43,000.

iShares Core Total USD Bond Market ETF Stock Performance

IUSB traded up $0.22 on Friday, reaching $44.82. 2,964,442 shares of the company’s stock were exchanged, compared to its average volume of 3,368,115. iShares Core Total USD Bond Market ETF has a twelve month low of $42.56 and a twelve month high of $46.40. The stock’s fifty day moving average price is $45.05 and its 200-day moving average price is $44.96.

iShares Core Total USD Bond Market ETF Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Tuesday, May 7th. Stockholders of record on Thursday, May 2nd will be given a dividend of $0.1498 per share. The ex-dividend date is Wednesday, May 1st. This represents a $1.80 annualized dividend and a dividend yield of 4.01%.

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.