Keybank National Association OH Increases Stock Position in iShares Core Total USD Bond Market ETF $IUSB

Keybank National Association OH grew its position in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 2.2% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 973,061 shares of the company’s stock after buying an additional 20,695 shares during the quarter. Keybank National Association OH’s holdings in iShares Core Total USD Bond Market ETF were worth $44,946,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of IUSB. CIBC Private Wealth Group LLC bought a new position in shares of iShares Core Total USD Bond Market ETF in the third quarter valued at approximately $27,000. Decker Retirement Planning Inc. bought a new stake in iShares Core Total USD Bond Market ETF during the fourth quarter worth $30,000. Mcguire Capital Advisors Inc. bought a new stake in iShares Core Total USD Bond Market ETF during the fourth quarter worth $30,000. Chapman Financial Group LLC purchased a new position in iShares Core Total USD Bond Market ETF in the third quarter worth $31,000. Finally, Hurley Capital LLC purchased a new position in iShares Core Total USD Bond Market ETF in the fourth quarter worth $33,000.

iShares Core Total USD Bond Market ETF Price Performance

Shares of NASDAQ:IUSB opened at $45.96 on Friday. The company has a market capitalization of $42.60 billion, a PE ratio of 10.80 and a beta of 0.26. The business has a fifty day moving average price of $46.05 and a two-hundred day moving average price of $46.38. iShares Core Total USD Bond Market ETF has a 1 year low of $45.47 and a 1 year high of $47.23.

iShares Core Total USD Bond Market ETF Increases Dividend

The firm also recently announced a monthly dividend, which will be paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st will be paid a dividend of $0.164 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date is Wednesday, July 1st. This is a positive change from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.15.

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.