iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) Declares $0.17 Dividend

iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) declared a dividend on Monday, August 31st. Investors of record on Tuesday, September 1st will be paid a dividend of 0.168 per share on Friday, September 4th. The ex-dividend date is Tuesday, September 1st.

iShares Core Total USD Bond Market ETF Price Performance

IUSB stock traded down $0.30 during trading hours on Tuesday, reaching $45.15. 6,655,659 shares of the stock were exchanged, compared to its average volume of 4,268,491. The firm’s 50-day moving average is $45.68 and its 200-day moving average is $46.07. The company has a market cap of $42.76 billion, a price-to-earnings ratio of 10.80 and a beta of 0.26. iShares Core Total USD Bond Market ETF has a 12 month low of $45.13 and a 12 month high of $47.23.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the company. Wells Fargo & Company MN boosted its position in iShares Core Total USD Bond Market ETF by 2.9% during the 4th quarter. Wells Fargo & Company MN now owns 47,946,578 shares of the company’s stock worth $2,231,434,000 after acquiring an additional 1,331,490 shares during the last quarter. LPL Financial LLC lifted its position in shares of iShares Core Total USD Bond Market ETF by 2.2% in the fourth quarter. LPL Financial LLC now owns 45,507,455 shares of the company’s stock worth $2,117,917,000 after purchasing an additional 966,130 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in shares of iShares Core Total USD Bond Market ETF by 10.2% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 33,421,651 shares of the company’s stock worth $1,542,409,000 after purchasing an additional 3,083,604 shares in the last quarter. Morgan Stanley lifted its position in shares of iShares Core Total USD Bond Market ETF by 8.5% in the fourth quarter. Morgan Stanley now owns 24,700,344 shares of the company’s stock worth $1,149,554,000 after purchasing an additional 1,931,838 shares in the last quarter. Finally, Envestnet Portfolio Solutions Inc. boosted its holdings in iShares Core Total USD Bond Market ETF by 35.1% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 16,937,298 shares of the company’s stock worth $781,656,000 after purchasing an additional 4,399,948 shares during the last quarter.

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.