iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) Plans Dividend Increase – $0.16 Per Share

iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) declared a monthly dividend on Thursday, October 31st, NASDAQ reports. Investors of record on Friday, November 1st will be given a dividend of 0.1577 per share on Wednesday, November 6th. This represents a $1.89 annualized dividend and a yield of 4.16%. The ex-dividend date is Friday, November 1st. This is a boost from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16.

iShares Core Total USD Bond Market ETF Trading Down 0.7 %

Shares of IUSB traded down $0.31 during mid-day trading on Friday, reaching $45.54. The company’s stock had a trading volume of 3,168,045 shares, compared to its average volume of 2,989,575. iShares Core Total USD Bond Market ETF has a 12-month low of $43.38 and a 12-month high of $47.44. The company’s 50 day moving average is $46.71 and its 200 day moving average is $45.84.

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.