Royal Bank of Canada Buys 324,754 Shares of iShares Core Total USD Bond Market ETF $IUSB

Royal Bank of Canada lifted its position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSBFree Report) by 8.2% in the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 4,298,070 shares of the company’s stock after purchasing an additional 324,754 shares during the period. Royal Bank of Canada owned 0.54% of iShares Core Total USD Bond Market ETF worth $198,529,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of IUSB. CIBC Private Wealth Group LLC bought a new stake in iShares Core Total USD Bond Market ETF during the 3rd quarter valued at $27,000. Decker Retirement Planning Inc. bought a new position in shares of iShares Core Total USD Bond Market ETF during the 4th quarter worth $30,000. Mcguire Capital Advisors Inc. purchased a new position in shares of iShares Core Total USD Bond Market ETF during the fourth quarter valued at $30,000. Hurley Capital LLC purchased a new position in shares of iShares Core Total USD Bond Market ETF during the fourth quarter valued at $33,000. Finally, Advocate Investing Services LLC bought a new stake in shares of iShares Core Total USD Bond Market ETF in the first quarter valued at about $42,000.

iShares Core Total USD Bond Market ETF Price Performance

NASDAQ:IUSB opened at $45.51 on Thursday. iShares Core Total USD Bond Market ETF has a 1-year low of $45.38 and a 1-year high of $47.23. The company has a 50-day moving average of $45.90 and a 200 day moving average of $46.26. The firm has a market cap of $42.93 billion, a PE ratio of 10.80 and a beta of 0.26.

iShares Core Total USD Bond Market ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st were given a $0.164 dividend. This represents a c) annualized dividend and a dividend yield of 4.3%. The ex-dividend date of this dividend was Wednesday, July 1st. This is a boost from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.15.

iShares Core Total USD Bond Market ETF Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

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