MCF Advisors LLC Makes New Investment in iShares Core Total USD Bond Market ETF $IUSB

MCF Advisors LLC purchased a new stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) during the 4th quarter, Holdings Channel reports. The firm purchased 19,115 shares of the company’s stock, valued at approximately $890,000.

A number of other hedge funds have also modified their holdings of IUSB. CIBC Private Wealth Group LLC purchased a new position in shares of iShares Core Total USD Bond Market ETF during the 3rd quarter worth approximately $27,000. Decker Retirement Planning Inc. purchased a new position in shares of iShares Core Total USD Bond Market ETF during the 4th quarter worth approximately $30,000. Chapman Financial Group LLC purchased a new position in shares of iShares Core Total USD Bond Market ETF during the 3rd quarter worth approximately $31,000. Collier Financial purchased a new position in shares of iShares Core Total USD Bond Market ETF during the 3rd quarter worth approximately $32,000. Finally, United Financial Planning Group LLC purchased a new position in shares of iShares Core Total USD Bond Market ETF during the 3rd quarter worth approximately $50,000.

iShares Core Total USD Bond Market ETF Price Performance

Shares of IUSB opened at $45.80 on Friday. The firm has a 50 day simple moving average of $46.12 and a 200-day simple moving average of $46.47. iShares Core Total USD Bond Market ETF has a 1-year low of $45.33 and a 1-year high of $47.23. The stock has a market cap of $36.24 billion, a price-to-earnings ratio of 10.80 and a beta of 0.26.

iShares Core Total USD Bond Market ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, June 4th. Stockholders of record on Monday, June 1st were paid a dividend of $0.1511 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date of this dividend was Monday, June 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.