Valpey Financial Services LLC Makes New $618,000 Investment in iShares Core Total USD Bond Market ETF $IUSB

Valpey Financial Services LLC bought a new position in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 13,370 shares of the company’s stock, valued at approximately $618,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in IUSB. CX Institutional purchased a new stake in shares of iShares Core Total USD Bond Market ETF in the first quarter worth $41,000. AlphaCore Capital LLC purchased a new stake in shares of iShares Core Total USD Bond Market ETF in the first quarter worth $47,000. N.E.W. Advisory Services LLC purchased a new stake in shares of iShares Core Total USD Bond Market ETF in the first quarter worth $50,000. NorthRock Partners LLC raised its position in shares of iShares Core Total USD Bond Market ETF by 379.1% in the first quarter. NorthRock Partners LLC now owns 1,418 shares of the company’s stock worth $65,000 after buying an additional 1,122 shares in the last quarter. Finally, Quest 10 Wealth Builders Inc. raised its position in shares of iShares Core Total USD Bond Market ETF by 233.9% in the first quarter. Quest 10 Wealth Builders Inc. now owns 1,666 shares of the company’s stock worth $77,000 after buying an additional 1,167 shares in the last quarter.

iShares Core Total USD Bond Market ETF Stock Performance

Shares of IUSB stock opened at $46.67 on Monday. iShares Core Total USD Bond Market ETF has a 52-week low of $44.67 and a 52-week high of $47.03. The company has a market capitalization of $33.08 billion, a PE ratio of 10.80 and a beta of 0.15. The business’s fifty day moving average is $46.43 and its 200 day moving average is $45.95.

iShares Core Total USD Bond Market ETF Increases Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, October 6th. Shareholders of record on Wednesday, October 1st will be given a dividend of $0.1668 per share. The ex-dividend date is Wednesday, October 1st. This is a positive change from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16. This represents a c) dividend on an annualized basis and a yield of 4.3%.

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.