Renasant Bank Has $616,000 Stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Renasant Bank reduced its stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 24.4% in the 4th quarter, Holdings Channel reports. The firm owned 13,627 shares of the company’s stock after selling 4,388 shares during the period. Renasant Bank’s holdings in iShares Core Total USD Bond Market ETF were worth $616,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in IUSB. Thompson Investment Management Inc. raised its holdings in iShares Core Total USD Bond Market ETF by 11.4% in the 4th quarter. Thompson Investment Management Inc. now owns 2,200 shares of the company’s stock worth $99,000 after acquiring an additional 225 shares during the period. Kovack Advisors Inc. grew its holdings in iShares Core Total USD Bond Market ETF by 4.3% in the 3rd quarter. Kovack Advisors Inc. now owns 5,557 shares of the company’s stock valued at $262,000 after buying an additional 227 shares during the last quarter. McAdam LLC increased its position in iShares Core Total USD Bond Market ETF by 2.3% in the 4th quarter. McAdam LLC now owns 10,354 shares of the company’s stock worth $468,000 after buying an additional 230 shares during the period. Snider Financial Group lifted its holdings in shares of iShares Core Total USD Bond Market ETF by 3.3% during the third quarter. Snider Financial Group now owns 7,521 shares of the company’s stock worth $354,000 after buying an additional 238 shares during the last quarter. Finally, GPS Wealth Strategies Group LLC lifted its holdings in shares of iShares Core Total USD Bond Market ETF by 14.1% during the fourth quarter. GPS Wealth Strategies Group LLC now owns 2,179 shares of the company’s stock worth $99,000 after buying an additional 270 shares during the last quarter.

iShares Core Total USD Bond Market ETF Trading Up 0.2 %

Shares of iShares Core Total USD Bond Market ETF stock opened at $45.86 on Friday. 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 simple moving average is $45.48 and its 200-day simple moving average is $45.95. The company has a market cap of $32.62 billion, a price-to-earnings ratio of 16.77 and a beta of 0.15.

iShares Core Total USD Bond Market ETF Increases Dividend

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

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.