iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) Declares Dividend Increase – $0.16 Per Share

iShares Core Total USD Bond Market ETF (NASDAQ:IUSBGet Free Report) announced a monthly dividend on Tuesday, June 30th, NASDAQ Dividends reports. Investors of record on Wednesday, July 1st will be given a dividend of 0.164 per share on Tuesday, July 7th. This represents a c) annualized dividend and a dividend yield of 4.3%. The ex-dividend date of this dividend is Wednesday, July 1st. This is a 8.5% increase from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.15.

iShares Core Total USD Bond Market ETF Price Performance

Shares of NASDAQ IUSB traded down $0.23 during trading hours on Wednesday, hitting $45.92. 3,757,703 shares of the stock were exchanged, compared to its average volume of 4,596,797. iShares Core Total USD Bond Market ETF has a one year low of $45.47 and a one year high of $47.23. The company’s 50 day moving average is $46.07 and its 200 day moving average is $46.39. The firm has a market capitalization of $36.34 billion, a P/E ratio of 10.80 and a beta of 0.26.

Institutional Trading of iShares Core Total USD Bond Market ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in IUSB. Johnson Financial Group Inc. boosted its position in shares of iShares Core Total USD Bond Market ETF by 7,027.0% in the first quarter. Johnson Financial Group Inc. now owns 5,053,447 shares of the company’s stock valued at $233,419,000 after acquiring an additional 4,982,541 shares during the period. Align Financial LLC acquired a new stake in iShares Core Total USD Bond Market ETF during the fourth quarter worth about $132,644,000. Northwestern Mutual Wealth Management Co. grew its position in iShares Core Total USD Bond Market ETF by 8.8% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 28,622,754 shares of the company’s stock worth $1,332,103,000 after buying an additional 2,324,731 shares in the last quarter. Symmetry Partners LLC bought a new position in iShares Core Total USD Bond Market ETF during the fourth quarter valued at about $104,011,000. Finally, Mariner LLC increased its stake in iShares Core Total USD Bond Market ETF by 15.1% during the fourth quarter. Mariner LLC now owns 16,120,286 shares of the company’s stock valued at $750,239,000 after acquiring an additional 2,115,404 shares during the period.

About iShares Core Total USD Bond Market ETF

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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.

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Dividend History for iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

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