iShares Core Total USD Bond Market ETF $IUSB Shares Purchased by Bank of New York Mellon Corp

Bank of New York Mellon Corp boosted its stake in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 13.8% during the 1st quarter, Holdings Channel.com reports. The firm owned 10,974,170 shares of the company’s stock after acquiring an additional 1,333,886 shares during the period. Bank of New York Mellon Corp’s holdings in iShares Core Total USD Bond Market ETF were worth $506,897,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of IUSB. Royal Fund Management LLC raised its holdings in shares of iShares Core Total USD Bond Market ETF by 186.5% in 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 grew its stake in shares of iShares Core Total USD Bond Market ETF by 633.5% during the fourth quarter. Prime Capital Investment Advisors LLC now owns 33,227 shares of the company’s stock worth $1,546,000 after purchasing an additional 28,697 shares in the last quarter. Nations Financial Group Inc. IA ADV increased its holdings in iShares Core Total USD Bond Market ETF by 107.0% in the fourth quarter. Nations Financial Group Inc. IA ADV now owns 40,417 shares of the company’s stock valued at $1,881,000 after buying an additional 20,889 shares during the last quarter. Shira Ridge Wealth Management increased its holdings in iShares Core Total USD Bond Market ETF by 15.1% in 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 last quarter. Finally, Jacobson & Schmitt Advisors LLC raised its stake in iShares Core Total USD Bond Market ETF by 2.0% in 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 in the last quarter.

iShares Core Total USD Bond Market ETF Price Performance

iShares Core Total USD Bond Market ETF stock opened at $45.77 on Friday. The stock has a market cap of $42.85 billion, a PE ratio of 10.80 and a beta of 0.26. The stock’s fifty day moving average is $45.96 and its two-hundred day moving average is $46.32. 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 was paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st were given a dividend of $0.164 per share. This is a boost from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.15. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a c) annualized dividend and a dividend yield of 4.3%.

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.