Kraft Davis & Associates LLC Takes Position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Kraft Davis & Associates LLC purchased a new stake in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 56,158 shares of the company’s stock, valued at approximately $2,560,000.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Planned Solutions Inc. bought a new stake in shares of iShares Core Total USD Bond Market ETF during the 4th quarter worth about $28,000. Coppell Advisory Solutions LLC bought a new stake in shares of iShares Core Total USD Bond Market ETF during the 2nd quarter worth about $31,000. Asset Dedication LLC bought a new stake in shares of iShares Core Total USD Bond Market ETF during the 3rd quarter worth about $37,000. Whittier Trust Co. of Nevada Inc. bought a new stake in shares of iShares Core Total USD Bond Market ETF during the 4th quarter worth about $43,000. Finally, Fortitude Family Office LLC bought a new stake in shares of iShares Core Total USD Bond Market ETF during the 4th quarter worth about $47,000.

iShares Core Total USD Bond Market ETF Stock Performance

Shares of IUSB traded up $0.04 during trading hours on Friday, hitting $44.44. 2,071,547 shares of the company were exchanged, compared to its average volume of 3,391,012. The firm’s 50 day moving average is $45.19 and its 200-day moving average is $44.88. iShares Core Total USD Bond Market ETF has a 52 week low of $42.56 and a 52 week high of $46.40.

iShares Core Total USD Bond Market ETF Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Friday, April 5th. Stockholders of record on Tuesday, April 2nd were paid a dividend of $0.1503 per share. The ex-dividend date was Monday, April 1st. This represents a $1.80 annualized dividend and a dividend yield of 4.06%.

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.