Royal Fund Management LLC Has $7.55 Million Stock Holdings in iShares Core Total USD Bond Market ETF $IUSB

Royal Fund Management LLC grew its holdings in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 186.5% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 162,128 shares of the company’s stock after purchasing an additional 105,546 shares during the period. Royal Fund Management LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $7,546,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Team Financial Group LLC lifted its position in shares of iShares Core Total USD Bond Market ETF by 54.4% during the 3rd quarter. Team Financial Group LLC now owns 619 shares of the company’s stock worth $29,000 after buying an additional 218 shares during the last quarter. Snider Financial Group grew its position in iShares Core Total USD Bond Market ETF by 3.6% in the third quarter. Snider Financial Group now owns 6,580 shares of the company’s stock valued at $307,000 after acquiring an additional 231 shares during the last quarter. Leavell Investment Management Inc. grew its position in iShares Core Total USD Bond Market ETF by 0.6% in the third quarter. Leavell Investment Management Inc. now owns 40,535 shares of the company’s stock valued at $1,893,000 after acquiring an additional 240 shares during the last quarter. Linscomb Wealth Inc. raised its stake in iShares Core Total USD Bond Market ETF by 0.8% during the third quarter. Linscomb Wealth Inc. now owns 31,738 shares of the company’s stock worth $1,482,000 after acquiring an additional 264 shares in the last quarter. Finally, Meridian Wealth Management LLC raised its stake in iShares Core Total USD Bond Market ETF by 3.3% during the third quarter. Meridian Wealth Management LLC now owns 8,582 shares of the company’s stock worth $401,000 after acquiring an additional 276 shares in the last quarter.

iShares Core Total USD Bond Market ETF Trading Up 0.5%

IUSB stock opened at $46.10 on Tuesday. The firm has a 50-day moving average price of $46.61 and a 200-day moving average price of $46.69. iShares Core Total USD Bond Market ETF has a 12 month low of $44.74 and a 12 month high of $47.23. The stock has a market capitalization of $34.67 billion, a P/E ratio of 10.80 and a beta of 0.26.

iShares Core Total USD Bond Market ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were given a dividend of $0.1573 per share. This represents a c) dividend on an annualized basis and a yield of 4.1%. The ex-dividend date was Monday, March 2nd.

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.