Montecito Bank & Trust Grows Holdings in iShares Core Total USD Bond Market ETF $IUSB

Montecito Bank & Trust lifted its position in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 40.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 85,348 shares of the company’s stock after buying an additional 24,750 shares during the quarter. Montecito Bank & Trust’s holdings in iShares Core Total USD Bond Market ETF were worth $3,972,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of IUSB. CIBC Private Wealth Group LLC purchased a new stake in iShares Core Total USD Bond Market ETF in the 3rd quarter worth approximately $27,000. Team Financial Group LLC grew its position in shares of iShares Core Total USD Bond Market ETF by 54.4% in the third quarter. Team Financial Group LLC now owns 619 shares of the company’s stock valued at $29,000 after purchasing an additional 218 shares during the period. Chapman Financial Group LLC acquired a new position in iShares Core Total USD Bond Market ETF in the third quarter valued at $31,000. Collier Financial acquired a new position in iShares Core Total USD Bond Market ETF in the third quarter valued at $32,000. Finally, Richardson Capital Management LLC purchased a new position in iShares Core Total USD Bond Market ETF during the third quarter worth about $43,000.

iShares Core Total USD Bond Market ETF Price Performance

IUSB opened at $46.10 on Tuesday. iShares Core Total USD Bond Market ETF has a 12 month low of $44.74 and a 12 month high of $47.23. The business has a 50-day moving average of $46.68 and a two-hundred day moving average of $46.71. The stock has a market capitalization of $34.67 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 business also recently declared a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were given a dividend of $0.1573 per share. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) annualized dividend and a yield of 4.1%.

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.