Pineridge Advisors LLC Makes New Investment in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Pineridge Advisors LLC purchased a new position in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 609 shares of the company’s stock, valued at approximately $28,000.

Other hedge funds also recently added to or reduced their stakes in the company. Andina Capital Management LLC bought a new position in iShares Core Total USD Bond Market ETF in the fourth quarter worth approximately $4,610,000. FAS Wealth Partners Inc. raised its holdings in shares of iShares Core Total USD Bond Market ETF by 42.8% in the fourth quarter. FAS Wealth Partners Inc. now owns 2,360 shares of the company’s stock worth $109,000 after buying an additional 707 shares during the last quarter. Burt Wealth Advisors increased its position in shares of iShares Core Total USD Bond Market ETF by 15.1% in the 4th quarter. Burt Wealth Advisors now owns 17,692 shares of the company’s stock valued at $815,000 after acquiring an additional 2,325 shares during the period. Savvy Advisors Inc. purchased a new position in iShares Core Total USD Bond Market ETF in the 4th quarter worth $2,734,000. Finally, Family Asset Management LLC increased its holdings in shares of iShares Core Total USD Bond Market ETF by 1,813.3% in the fourth quarter. Family Asset Management LLC now owns 861 shares of the company’s stock valued at $40,000 after purchasing an additional 816 shares during the period.

iShares Core Total USD Bond Market ETF Price Performance

NASDAQ IUSB traded up $0.05 during trading hours on Friday, reaching $45.57. The stock had a trading volume of 1,647,267 shares, compared to its average volume of 3,012,002. iShares Core Total USD Bond Market ETF has a 52-week low of $42.56 and a 52-week high of $46.35. The stock has a fifty day moving average of $44.86 and a 200 day moving average of $45.28.

iShares Core Total USD Bond Market ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, June 7th. Shareholders of record on Monday, June 3rd were given a $0.1495 dividend. The ex-dividend date was Monday, June 3rd. This represents a $1.79 annualized dividend and a yield of 3.94%.

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.