PFW Advisors LLC Purchases Shares of 133,920 iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

PFW Advisors LLC acquired a new position in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 133,920 shares of the company’s stock, valued at approximately $6,053,000. iShares Core Total USD Bond Market ETF comprises 1.9% of PFW Advisors LLC’s holdings, making the stock its 15th largest position.

Other hedge funds also recently modified their holdings of the company. SWAN Capital LLC bought a new stake in iShares Core Total USD Bond Market ETF during the third quarter worth about $25,000. Abich Financial Wealth Management LLC acquired a new position in shares of iShares Core Total USD Bond Market ETF during the 3rd quarter worth approximately $25,000. Peterson Financial Group Inc. bought a new stake in shares of iShares Core Total USD Bond Market ETF during the 3rd quarter worth approximately $30,000. Evermay Wealth Management LLC acquired a new stake in shares of iShares Core Total USD Bond Market ETF in the 3rd quarter valued at approximately $31,000. Finally, Darwin Wealth Management LLC bought a new position in shares of iShares Core Total USD Bond Market ETF in the third quarter valued at $32,000.

iShares Core Total USD Bond Market ETF Price Performance

IUSB traded down $0.05 during trading on Monday, reaching $44.72. 3,604,103 shares of the stock were exchanged, compared to its average volume of 2,974,429. The stock’s 50 day moving average price is $45.57 and its two-hundred day moving average price is $46.07. iShares Core Total USD Bond Market ETF has a twelve month low of $44.21 and a twelve month high of $47.44.

iShares Core Total USD Bond Market ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were paid a $0.1605 dividend. This is an increase from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16. This represents a $1.93 annualized dividend and a yield of 4.31%. The ex-dividend date of this dividend was Wednesday, December 18th.

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.