PSI Advisors LLC Invests $176,000 in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

PSI Advisors LLC purchased a new stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 3,887 shares of the company’s stock, valued at approximately $176,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Abich Financial Wealth Management LLC purchased a new stake in shares of iShares Core Total USD Bond Market ETF in the 3rd quarter worth $25,000. SWAN Capital LLC purchased a new position in shares of iShares Core Total USD Bond Market ETF during the third quarter valued at $25,000. Peterson Financial Group Inc. bought a new stake in shares of iShares Core Total USD Bond Market ETF in the third quarter valued at about $30,000. Evermay Wealth Management LLC purchased a new stake in iShares Core Total USD Bond Market ETF in the third quarter worth about $31,000. Finally, Darwin Wealth Management LLC bought a new position in iShares Core Total USD Bond Market ETF during the 3rd quarter worth about $32,000.

iShares Core Total USD Bond Market ETF Price Performance

NASDAQ IUSB opened at $44.72 on Tuesday. iShares Core Total USD Bond Market ETF has a one year low of $44.21 and a one year high of $47.44. The company’s 50-day simple moving average is $45.55 and its two-hundred day simple moving average is $46.06.

iShares Core Total USD Bond Market ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were issued a dividend of $0.1605 per share. This represents a $1.93 annualized dividend and a yield of 4.31%. This is a positive change from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16. The ex-dividend date was Wednesday, December 18th.

iShares Core Total USD Bond Market ETF Company 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.