MidAtlantic Capital Management Inc. Takes Position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

MidAtlantic Capital Management Inc. acquired a new stake in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor acquired 5,213 shares of the company’s stock, valued at approximately $246,000.

Other institutional investors have also recently modified their holdings of the company. Abich Financial Wealth Management LLC bought a new position in shares of iShares Core Total USD Bond Market ETF during the 3rd quarter valued at about $25,000. Peterson Financial Group Inc. bought a new position in shares of iShares Core Total USD Bond Market ETF during the 3rd quarter valued at about $30,000. Evermay Wealth Management LLC purchased a new stake in iShares Core Total USD Bond Market ETF during the 3rd quarter valued at about $31,000. Scarborough Advisors LLC boosted its holdings in iShares Core Total USD Bond Market ETF by 120.7% during the 2nd quarter. Scarborough Advisors LLC now owns 865 shares of the company’s stock valued at $39,000 after acquiring an additional 473 shares during the period. Finally, National Bank of Canada FI purchased a new stake in iShares Core Total USD Bond Market ETF during the 2nd quarter valued at about $43,000.

iShares Core Total USD Bond Market ETF Stock Performance

Shares of IUSB stock opened at $45.52 on Monday. iShares Core Total USD Bond Market ETF has a 1-year low of $44.08 and a 1-year high of $47.44. The business has a 50-day moving average of $46.46 and a 200 day moving average of $45.95.

iShares Core Total USD Bond Market ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were issued a dividend of $0.1577 per share. The ex-dividend date was Friday, November 1st. This is a boost from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16. This represents a $1.89 annualized dividend and a yield of 4.16%.

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.