Valley National Advisers Inc. Has $13.42 Million Stock Position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Valley National Advisers Inc. grew its position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 9.2% during the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 294,293 shares of the company’s stock after purchasing an additional 24,742 shares during the period. iShares Core Total USD Bond Market ETF comprises approximately 2.0% of Valley National Advisers Inc.’s holdings, making the stock its 10th biggest holding. Valley National Advisers Inc.’s holdings in iShares Core Total USD Bond Market ETF were worth $13,416,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in the company. Parkside Financial Bank & Trust acquired a new position in iShares Core Total USD Bond Market ETF during the 4th quarter worth about $27,000. Planned Solutions Inc. acquired a new position in shares of iShares Core Total USD Bond Market ETF during the fourth quarter worth approximately $28,000. Pineridge Advisors LLC acquired a new position in shares of iShares Core Total USD Bond Market ETF during the fourth quarter worth approximately $28,000. Simplex Trading LLC bought a new stake in shares of iShares Core Total USD Bond Market ETF during the fourth quarter valued at approximately $30,000. Finally, Farmers & Merchants Investments Inc. increased its holdings in shares of iShares Core Total USD Bond Market ETF by 59.1% in the first quarter. Farmers & Merchants Investments Inc. now owns 754 shares of the company’s stock valued at $34,000 after purchasing an additional 280 shares in the last quarter.

iShares Core Total USD Bond Market ETF Stock Performance

iShares Core Total USD Bond Market ETF stock traded up $0.26 during trading hours on Wednesday, reaching $45.22. 1,416,796 shares of the company’s stock traded hands, compared to its average volume of 2,926,058. iShares Core Total USD Bond Market ETF has a fifty-two week low of $42.56 and a fifty-two week high of $46.35. The firm’s 50 day moving average is $45.05 and its 200-day moving average is $45.30.

iShares Core Total USD Bond Market ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Friday, July 5th. Investors of record on Monday, July 1st will be paid a dividend of $0.152 per share. The ex-dividend date is Monday, July 1st. This represents a $1.82 dividend on an annualized basis and a dividend yield of 4.03%.

iShares Core Total USD Bond Market ETF 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.