17,201 Shares in iShares Core Total USD Bond Market ETF $IUSB Acquired by Fortis Capital Advisors LLC

Fortis Capital Advisors LLC purchased a new stake in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) during the 3rd quarter, Holdings Channel.com reports. The fund purchased 17,201 shares of the company’s stock, valued at approximately $803,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of IUSB. Richardson Capital Management LLC bought a new position in iShares Core Total USD Bond Market ETF in the 3rd quarter worth $43,000. Liberty Wealth Management LLC boosted its stake in shares of iShares Core Total USD Bond Market ETF by 7.5% in the third quarter. Liberty Wealth Management LLC now owns 334,802 shares of the company’s stock worth $15,639,000 after acquiring an additional 23,309 shares during the period. Whittier Trust Co. purchased a new stake in shares of iShares Core Total USD Bond Market ETF during the third quarter worth about $133,000. Patten & Patten Inc. TN bought a new stake in iShares Core Total USD Bond Market ETF during the 3rd quarter valued at approximately $202,000. Finally, BAM Wealth Management LLC purchased a new position in iShares Core Total USD Bond Market ETF in the 3rd quarter worth approximately $295,000.

iShares Core Total USD Bond Market ETF Price Performance

IUSB stock opened at $46.71 on Wednesday. iShares Core Total USD Bond Market ETF has a 1-year low of $44.74 and a 1-year high of $47.20. The business has a 50 day simple moving average of $46.66 and a two-hundred day simple moving average of $46.55. The company has a market capitalization of $34.97 billion, a price-to-earnings ratio of 10.80 and a beta of 0.26.

iShares Core Total USD Bond Market ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, December 24th. Investors of record on Friday, December 19th were given a $0.1648 dividend. This is an increase from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date was Friday, December 19th.

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.