Sovran Advisors LLC Purchases 52,433 Shares of iShares Core Total USD Bond Market ETF $IUSB

Sovran Advisors LLC lifted its position in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 19.0% in the first quarter, HoldingsChannel.com reports. The firm owned 328,949 shares of the company’s stock after purchasing an additional 52,433 shares during the period. iShares Core Total USD Bond Market ETF comprises 1.2% of Sovran Advisors LLC’s investment portfolio, making the stock its 13th largest position. Sovran Advisors LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $15,201,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Ausdal Financial Partners Inc. boosted its holdings in iShares Core Total USD Bond Market ETF by 169.5% in the third quarter. Ausdal Financial Partners Inc. now owns 40,553 shares of the company’s stock valued at $1,894,000 after acquiring an additional 25,504 shares in the last quarter. Royal Fund Management LLC boosted its stake in shares of iShares Core Total USD Bond Market ETF by 186.5% during the 4th quarter. Royal Fund Management LLC now owns 162,128 shares of the company’s stock valued at $7,546,000 after purchasing an additional 105,546 shares in the last quarter. Prime Capital Investment Advisors LLC boosted its stake in shares of iShares Core Total USD Bond Market ETF by 633.5% during the 4th quarter. Prime Capital Investment Advisors LLC now owns 33,227 shares of the company’s stock valued at $1,546,000 after purchasing an additional 28,697 shares in the last quarter. Shira Ridge Wealth Management increased its position in shares of iShares Core Total USD Bond Market ETF by 15.1% during the fourth quarter. Shira Ridge Wealth Management now owns 98,238 shares of the company’s stock valued at $4,572,000 after buying an additional 12,893 shares during the period. Finally, Jacobson & Schmitt Advisors LLC increased its position in shares of iShares Core Total USD Bond Market ETF by 2.0% during the fourth quarter. Jacobson & Schmitt Advisors LLC now owns 779,202 shares of the company’s stock valued at $36,264,000 after buying an additional 15,358 shares during the period.

iShares Core Total USD Bond Market ETF Price Performance

IUSB stock traded down $0.04 during trading on Friday, reaching $45.74. The company had a trading volume of 2,894,464 shares, compared to its average volume of 4,534,737. iShares Core Total USD Bond Market ETF has a 52 week low of $45.47 and a 52 week high of $47.23. The business has a 50 day moving average of $45.99 and a 200 day moving average of $46.35. The company has a market cap of $42.65 billion, a P/E ratio of 10.80 and a beta of 0.26.

iShares Core Total USD Bond Market ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st were paid a $0.164 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date was Wednesday, July 1st. This is a boost 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.