Blue Trust Inc. Buys 100,821 Shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Blue Trust Inc. grew its stake in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 10.9% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,027,301 shares of the company’s stock after acquiring an additional 100,821 shares during the period. iShares Core Total USD Bond Market ETF comprises approximately 0.6% of Blue Trust Inc.’s investment portfolio, making the stock its 29th biggest holding. Blue Trust Inc.’s holdings in iShares Core Total USD Bond Market ETF were worth $48,406,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. SWAN Capital LLC bought a new position in iShares Core Total USD Bond Market ETF in the third quarter worth approximately $25,000. Abich Financial Wealth Management LLC purchased a new position in iShares Core Total USD Bond Market ETF in the third quarter worth $25,000. Peterson Financial Group Inc. purchased a new stake in shares of iShares Core Total USD Bond Market ETF during the third quarter valued at $30,000. Evermay Wealth Management LLC purchased a new stake in shares of iShares Core Total USD Bond Market ETF during the third quarter valued at $31,000. Finally, Darwin Wealth Management LLC purchased a new stake in shares of iShares Core Total USD Bond Market ETF during the third quarter valued at $32,000.

iShares Core Total USD Bond Market ETF Price Performance

Shares of IUSB opened at $45.27 on Monday. iShares Core Total USD Bond Market ETF has a 1-year low of $44.21 and a 1-year high of $47.44. The company’s fifty day moving average price is $45.46 and its 200-day moving average price is $46.05.

iShares Core Total USD Bond Market ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were issued a dividend of $0.1605 per share. The ex-dividend date of this dividend 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.