Sovran Advisors LLC Acquires New Position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Sovran Advisors LLC acquired a new stake in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) in the fourth quarter, Holdings Channel reports. The firm acquired 392,031 shares of the company’s stock, valued at approximately $17,543,000. iShares Core Total USD Bond Market ETF makes up approximately 2.5% of Sovran Advisors LLC’s investment portfolio, making the stock its 3rd largest holding.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. SWAN Capital LLC purchased a new position in shares of iShares Core Total USD Bond Market ETF in the 3rd quarter worth approximately $25,000. Abich Financial Wealth Management LLC purchased a new position in shares of iShares Core Total USD Bond Market ETF in the 3rd quarter worth approximately $25,000. Peterson Financial Group Inc. purchased a new position in shares of iShares Core Total USD Bond Market ETF in the 3rd quarter worth approximately $30,000. Evermay Wealth Management LLC purchased a new position in shares of iShares Core Total USD Bond Market ETF in the 3rd quarter worth approximately $31,000. Finally, Darwin Wealth Management LLC purchased a new position in shares of iShares Core Total USD Bond Market ETF in the 3rd quarter worth approximately $32,000.

iShares Core Total USD Bond Market ETF Stock Up 0.0 %

Shares of iShares Core Total USD Bond Market ETF stock opened at $45.46 on Tuesday. The firm’s 50 day moving average price is $45.39 and its 200-day moving average price is $46.04. iShares Core Total USD Bond Market ETF has a 52-week low of $44.21 and a 52-week high of $47.44.

iShares Core Total USD Bond Market ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were given a $0.1542 dividend. The ex-dividend date of this dividend was Monday, February 3rd.

iShares Core Total USD Bond Market ETF 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.