Mutual Advisors LLC Purchases 67,807 Shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Mutual Advisors LLC lifted its position in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 24.6% in the 4th quarter, Holdings Channel reports. The institutional investor owned 342,927 shares of the company’s stock after purchasing an additional 67,807 shares during the quarter. iShares Core Total USD Bond Market ETF accounts for about 0.4% of Mutual Advisors LLC’s investment portfolio, making the stock its 29th biggest holding. Mutual Advisors LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $15,497,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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

iShares Core Total USD Bond Market ETF Stock Performance

Shares of NASDAQ IUSB opened at $45.27 on Thursday. The business has a 50-day moving average of $45.48 and a 200-day moving average of $46.06. iShares Core Total USD Bond Market ETF has a fifty-two week low of $44.21 and a fifty-two week high of $47.44.

iShares Core Total USD Bond Market ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were issued a dividend of $0.1605 per share. The ex-dividend date was Wednesday, December 18th. This is a positive change from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16. This represents a $1.93 dividend on an annualized basis and a dividend yield of 4.25%.

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.