Spinnaker Investment Group LLC Makes New $857,000 Investment in iShares Core Total USD Bond Market ETF $IUSB

Spinnaker Investment Group LLC purchased a new position in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 18,575 shares of the company’s stock, valued at approximately $857,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in IUSB. CIBC Private Wealth Group LLC acquired a new stake in shares of iShares Core Total USD Bond Market ETF in the 3rd quarter worth $27,000. Decker Retirement Planning Inc. acquired a new position in iShares Core Total USD Bond Market ETF during the 4th quarter valued at about $30,000. Mcguire Capital Advisors Inc. purchased a new stake in iShares Core Total USD Bond Market ETF in the fourth quarter valued at about $30,000. Hurley Capital LLC acquired a new stake in iShares Core Total USD Bond Market ETF in the fourth quarter worth about $33,000. Finally, Advocate Investing Services LLC acquired a new stake in iShares Core Total USD Bond Market ETF in the first quarter worth about $42,000.

iShares Core Total USD Bond Market ETF Stock Performance

Shares of IUSB stock opened at $45.38 on Tuesday. iShares Core Total USD Bond Market ETF has a fifty-two week low of $45.32 and a fifty-two week high of $47.23. The firm has a market capitalization of $42.97 billion, a price-to-earnings ratio of 10.80 and a beta of 0.26. The stock’s 50-day simple moving average is $45.82 and its 200-day simple moving average is $46.19.

iShares Core Total USD Bond Market ETF Announces Dividend

The business also recently announced a dividend, which was paid on Thursday, August 6th. Investors of record on Monday, August 3rd were paid a $0.1686 dividend. The ex-dividend date was Monday, August 3rd.

About iShares Core Total USD Bond Market ETF

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.