Tiemann Investment Advisors LLC Increases Holdings in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Tiemann Investment Advisors LLC grew its position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 0.2% in the 4th quarter, Holdings Channel reports. The institutional investor owned 263,132 shares of the company’s stock after purchasing an additional 649 shares during the period. iShares Core Total USD Bond Market ETF accounts for 5.3% of Tiemann Investment Advisors LLC’s investment portfolio, making the stock its 4th biggest holding. Tiemann Investment Advisors LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $11,894,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. SWAN Capital LLC bought a new position in iShares Core Total USD Bond Market ETF in the third quarter valued at approximately $25,000. Synergy Investment Management LLC acquired a new position in shares of iShares Core Total USD Bond Market ETF in the 4th quarter valued at $29,000. Peterson Financial Group Inc. bought a new position in shares of iShares Core Total USD Bond Market ETF in the 3rd quarter worth $30,000. Darwin Wealth Management LLC acquired a new stake in shares of iShares Core Total USD Bond Market ETF during the third quarter worth $32,000. Finally, First Financial Corp IN bought a new stake in iShares Core Total USD Bond Market ETF in the fourth quarter valued at about $35,000.

iShares Core Total USD Bond Market ETF Trading Down 0.1 %

NASDAQ:IUSB opened at $45.83 on Monday. iShares Core Total USD Bond Market ETF has a 1-year low of $44.21 and a 1-year high of $47.82. The firm has a market capitalization of $32.60 billion, a price-to-earnings ratio of 16.77 and a beta of 0.15. The business’s 50-day moving average price is $45.43 and its two-hundred day moving average price is $45.96.

iShares Core Total USD Bond Market ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were issued a dividend of $0.1553 per share. The ex-dividend date was Monday, March 3rd. This is a boost from iShares Core Total USD Bond Market ETF’s previous dividend of $0.15.

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.