iShares Core Total USD Bond Market ETF $IUSB Stake Lifted by Verus Capital Partners LLC

Verus Capital Partners LLC raised its stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 24.0% in the third quarter, HoldingsChannel reports. The fund owned 208,654 shares of the company’s stock after purchasing an additional 40,413 shares during the period. Verus Capital Partners LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $9,200,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also bought and sold shares of IUSB. Absolute Capital Management LLC boosted its stake in shares of iShares Core Total USD Bond Market ETF by 32.6% during the 3rd quarter. Absolute Capital Management LLC now owns 138,135 shares of the company’s stock worth $6,090,000 after acquiring an additional 33,974 shares in the last quarter. Retirement Wealth Solutions LLC grew its position in shares of iShares Core Total USD Bond Market ETF by 23.5% during the 3rd quarter. Retirement Wealth Solutions LLC now owns 122,211 shares of the company’s stock valued at $5,388,000 after acquiring an additional 23,263 shares during the period. NewEdge Advisors LLC increased its stake in shares of iShares Core Total USD Bond Market ETF by 34.0% in the 2nd quarter. NewEdge Advisors LLC now owns 4,136,795 shares of the company’s stock valued at $191,018,000 after purchasing an additional 1,049,332 shares in the last quarter. Kickstand Ventures LLC. increased its stake in shares of iShares Core Total USD Bond Market ETF by 18.0% in the 2nd quarter. Kickstand Ventures LLC. now owns 209,082 shares of the company’s stock valued at $9,649,000 after purchasing an additional 31,857 shares in the last quarter. Finally, Balance Wealth Partners LLC increased its stake in shares of iShares Core Total USD Bond Market ETF by 12.4% in the 2nd quarter. Balance Wealth Partners LLC now owns 100,699 shares of the company’s stock valued at $4,647,000 after purchasing an additional 11,145 shares in the last quarter.

iShares Core Total USD Bond Market ETF Trading Down 0.1%

NASDAQ IUSB opened at $44.94 on Friday. The stock has a market capitalization of $50.41 billion, a price-to-earnings ratio of 10.80 and a beta of 0.27. iShares Core Total USD Bond Market ETF has a twelve month low of $43.75 and a twelve month high of $47.23. The stock has a 50-day moving average of $44.63 and a 200 day moving average of $45.76.

iShares Core Total USD Bond Market ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, November 5th. Shareholders of record on Monday, November 2nd were issued a $0.1718 dividend. The ex-dividend date of this dividend was Monday, November 2nd. This is an increase from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.1544. This represents a $2.06 annualized dividend and a yield of 4.6%.

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.