Gradient Investments LLC Buys 5,411 Shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Gradient Investments LLC increased its stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 2,190.7% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 5,658 shares of the company’s stock after purchasing an additional 5,411 shares during the quarter. Gradient Investments LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $256,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Parkside Financial Bank & Trust bought a new position in iShares Core Total USD Bond Market ETF in the 4th quarter worth $27,000. Pineridge Advisors LLC bought a new stake in iShares Core Total USD Bond Market ETF during the fourth quarter valued at about $28,000. Simplex Trading LLC bought a new stake in iShares Core Total USD Bond Market ETF during the fourth quarter valued at about $30,000. Capital Investment Advisory Services LLC raised its holdings in iShares Core Total USD Bond Market ETF by 23,333.3% during the first quarter. Capital Investment Advisory Services LLC now owns 703 shares of the company’s stock valued at $32,000 after acquiring an additional 700 shares during the period. Finally, Farmers & Merchants Investments Inc. raised its holdings in iShares Core Total USD Bond Market ETF by 59.1% during the first quarter. Farmers & Merchants Investments Inc. now owns 754 shares of the company’s stock valued at $34,000 after acquiring an additional 280 shares during the period.

iShares Core Total USD Bond Market ETF Price Performance

NASDAQ:IUSB traded up $0.10 on Friday, reaching $46.55. 1,368,238 shares of the company’s stock traded hands, compared to its average volume of 2,730,308. The stock has a 50-day simple moving average of $45.71 and a 200-day simple moving average of $45.33. iShares Core Total USD Bond Market ETF has a 12 month low of $42.56 and a 12 month high of $46.89.

iShares Core Total USD Bond Market ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, August 6th. Shareholders of record on Thursday, August 1st were issued a dividend of $0.1568 per share. The ex-dividend date was Thursday, August 1st. This is a boost from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.15. This represents a $1.88 dividend on an annualized basis and a yield of 4.04%.

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.