iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) Plans Monthly Dividend of $0.16

iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) announced a monthly dividend on Thursday, December 18th. Investors of record on Friday, December 19th will be given a dividend of 0.1648 per share on Wednesday, December 24th. This represents a c) dividend on an annualized basis and a yield of 4.2%. The ex-dividend date of this dividend is Friday, December 19th. This is a 5.3% increase from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16.

iShares Core Total USD Bond Market ETF Stock Performance

IUSB stock opened at $46.75 on Friday. The company has a market cap of $33.23 billion, a price-to-earnings ratio of 10.80 and a beta of 0.26. The business’s 50-day moving average is $46.79 and its two-hundred day moving average is $46.38. iShares Core Total USD Bond Market ETF has a fifty-two week low of $44.67 and a fifty-two week high of $47.20.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Jones Financial Companies Lllp raised its stake in iShares Core Total USD Bond Market ETF by 6.9% during the 3rd quarter. Jones Financial Companies Lllp now owns 71,364,109 shares of the company’s stock worth $3,327,011,000 after acquiring an additional 4,589,650 shares during the period. Gallagher Fiduciary Advisors LLC increased its stake in shares of iShares Core Total USD Bond Market ETF by 3,595.7% in the second quarter. Gallagher Fiduciary Advisors LLC now owns 3,377,749 shares of the company’s stock worth $156,153,000 after purchasing an additional 3,286,352 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in shares of iShares Core Total USD Bond Market ETF by 8.1% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 26,298,023 shares of the company’s stock worth $1,228,381,000 after purchasing an additional 1,980,869 shares in the last quarter. Thrivent Financial for Lutherans raised its position in shares of iShares Core Total USD Bond Market ETF by 3,347.5% during the 3rd quarter. Thrivent Financial for Lutherans now owns 1,862,672 shares of the company’s stock valued at $87,006,000 after purchasing an additional 1,808,643 shares during the period. Finally, Spire Wealth Management lifted its stake in shares of iShares Core Total USD Bond Market ETF by 1,276.8% during the 2nd quarter. Spire Wealth Management now owns 1,888,940 shares of the company’s stock valued at $86,970,000 after buying an additional 1,751,742 shares in the last quarter.

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.