iShares Core Total USD Bond Market ETF $IUSB Shares Purchased by Nwam LLC

Nwam LLC boosted its stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 108.4% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 55,643 shares of the company’s stock after acquiring an additional 28,947 shares during the period. Nwam LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $2,568,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the stock. CIBC Private Wealth Group LLC purchased a new position in iShares Core Total USD Bond Market ETF during the third quarter worth about $27,000. Mcguire Capital Advisors Inc. purchased a new stake in shares of iShares Core Total USD Bond Market ETF in the 4th quarter valued at approximately $30,000. JNBA Financial Advisors purchased a new stake in shares of iShares Core Total USD Bond Market ETF in the 2nd quarter valued at approximately $32,000. Hurley Capital LLC purchased a new stake in shares of iShares Core Total USD Bond Market ETF in the 4th quarter valued at approximately $33,000. Finally, Advocate Investing Services LLC acquired a new position in shares of iShares Core Total USD Bond Market ETF in the 1st quarter worth approximately $42,000.

iShares Core Total USD Bond Market ETF Stock Performance

NASDAQ:IUSB opened at $45.15 on Wednesday. The stock has a market capitalization of $42.76 billion, a P/E ratio of 10.80 and a beta of 0.26. The company has a 50 day moving average price of $45.66 and a 200 day moving average price of $46.06. iShares Core Total USD Bond Market ETF has a fifty-two week low of $45.13 and a fifty-two week high of $47.23.

iShares Core Total USD Bond Market ETF Cuts Dividend

The company also recently declared a dividend, which will be paid on Friday, September 4th. Shareholders of record on Tuesday, September 1st will be paid a dividend of $0.168 per share. The ex-dividend date is Tuesday, September 1st.

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.