UNIVEST FINANCIAL Corp Purchases 163,853 Shares of iShares Core Total USD Bond Market ETF $IUSB

UNIVEST FINANCIAL Corp increased its position in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 19.7% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 996,771 shares of the company’s stock after buying an additional 163,853 shares during the quarter. iShares Core Total USD Bond Market ETF makes up 2.5% of UNIVEST FINANCIAL Corp’s portfolio, making the stock its 9th largest holding. UNIVEST FINANCIAL Corp’s holdings in iShares Core Total USD Bond Market ETF were worth $46,390,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. CIBC Private Wealth Group LLC acquired a new stake in iShares Core Total USD Bond Market ETF during the third quarter valued at $27,000. Decker Retirement Planning Inc. purchased a new stake in shares of iShares Core Total USD Bond Market ETF during the 4th quarter worth about $30,000. Chapman Financial Group LLC purchased a new stake in shares of iShares Core Total USD Bond Market ETF during the 3rd quarter worth about $31,000. Collier Financial acquired a new stake in shares of iShares Core Total USD Bond Market ETF during the 3rd quarter valued at about $32,000. Finally, Richardson Capital Management LLC acquired a new stake in shares of iShares Core Total USD Bond Market ETF during the 3rd quarter valued at about $43,000.

iShares Core Total USD Bond Market ETF Stock Up 0.2%

Shares of iShares Core Total USD Bond Market ETF stock opened at $46.22 on Friday. The firm has a market cap of $36.57 billion, a PE ratio of 10.80 and a beta of 0.27. iShares Core Total USD Bond Market ETF has a twelve month low of $45.07 and a twelve month high of $47.23. The business has a 50-day moving average price of $46.36 and a 200 day moving average price of $46.60.

iShares Core Total USD Bond Market ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, May 6th. Shareholders of record on Friday, May 1st were issued a $0.1629 dividend. This represents a c) annualized dividend and a yield of 4.2%. The ex-dividend date of this dividend was Friday, May 1st.

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.