iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) Trading Down 0.3%

iShares Core Total USD Bond Market ETF (NASDAQ:IUSB – Get Rating) were down 0.3% during mid-day trading on Wednesday . The company traded as low as $45.27 and last traded at $45.29. Approximately 1,698,728 shares were traded during trading, a decline of 38% from the average daily volume of 2,728,693 shares. The stock had previously closed at $45.41.

iShares Core Total USD Bond Market ETF Trading Up 0.2 %

The stock has a fifty day moving average of $45.88 and a 200-day moving average of $45.73.

iShares Core Total USD Bond Market ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, May 5th. Shareholders of record on Tuesday, May 2nd were issued a $0.129 dividend. This represents a $1.55 dividend on an annualized basis and a yield of 3.42%. The ex-dividend date of this dividend was Monday, May 1st. This is a positive change from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.13.

Institutional Investors Weigh In On iShares Core Total USD Bond Market ETF

A number of institutional investors have recently added to or reduced their stakes in IUSB. Envestnet Asset Management Inc. lifted its position in shares of iShares Core Total USD Bond Market ETF by 27.6% during the 1st quarter. Envestnet Asset Management Inc. now owns 128,057,979 shares of the company’s stock valued at $5,909,876,000 after acquiring an additional 27,699,624 shares during the period. LPL Financial LLC lifted its position in shares of iShares Core Total USD Bond Market ETF by 24.8% during the 1st quarter. LPL Financial LLC now owns 24,999,656 shares of the company’s stock valued at $1,153,734,000 after acquiring an additional 4,970,882 shares during the period. CWM LLC lifted its position in shares of iShares Core Total USD Bond Market ETF by 17.8% during the 1st quarter. CWM LLC now owns 20,504,924 shares of the company’s stock valued at $946,302,000 after acquiring an additional 3,098,930 shares during the period. Cetera Investment Advisers lifted its position in shares of iShares Core Total USD Bond Market ETF by 585.2% during the 4th quarter. Cetera Investment Advisers now owns 3,421,227 shares of the company’s stock valued at $153,716,000 after acquiring an additional 2,921,893 shares during the period. Finally, Bank of America Corp DE lifted its position in shares of iShares Core Total USD Bond Market ETF by 119.0% during the 4th quarter. Bank of America Corp DE now owns 4,527,364 shares of the company’s stock valued at $203,414,000 after acquiring an additional 2,459,794 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.