Cadence Bank Has $251,000 Stock Position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Cadence Bank lifted its stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 5.5% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,332 shares of the company’s stock after buying an additional 280 shares during the period. Cadence Bank’s holdings in iShares Core Total USD Bond Market ETF were worth $251,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Abich Financial Wealth Management LLC acquired a new stake in iShares Core Total USD Bond Market ETF during the 3rd quarter valued at $25,000. Peterson Financial Group Inc. acquired a new stake in shares of iShares Core Total USD Bond Market ETF in the third quarter valued at $30,000. Evermay Wealth Management LLC bought a new position in shares of iShares Core Total USD Bond Market ETF in the third quarter valued at about $31,000. Darwin Wealth Management LLC acquired a new position in iShares Core Total USD Bond Market ETF during the 3rd quarter worth about $32,000. Finally, Scarborough Advisors LLC grew its holdings in iShares Core Total USD Bond Market ETF by 120.7% during the 2nd quarter. Scarborough Advisors LLC now owns 865 shares of the company’s stock worth $39,000 after acquiring an additional 473 shares during the last quarter.

iShares Core Total USD Bond Market ETF Stock Performance

IUSB opened at $46.05 on Friday. iShares Core Total USD Bond Market ETF has a 1-year low of $44.21 and a 1-year high of $47.44. The firm has a 50-day moving average price of $46.19 and a two-hundred day moving average price of $45.99.

iShares Core Total USD Bond Market ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were given a $0.1577 dividend. This represents a $1.89 annualized dividend and a yield of 4.11%. The ex-dividend date was Friday, November 1st. This is a boost from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16.

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.