UNIVEST FINANCIAL Corp Purchases 99,806 Shares of iShares Core Total USD Bond Market ETF $IUSB

UNIVEST FINANCIAL Corp lifted its holdings in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 13.6% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 832,918 shares of the company’s stock after purchasing an additional 99,806 shares during the quarter. iShares Core Total USD Bond Market ETF accounts for approximately 2.2% of UNIVEST FINANCIAL Corp’s investment portfolio, making the stock its 11th largest position. UNIVEST FINANCIAL Corp owned 0.12% of iShares Core Total USD Bond Market ETF worth $38,906,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of IUSB. Team Financial Group LLC grew its stake in shares of iShares Core Total USD Bond Market ETF by 54.4% in the 3rd quarter. Team Financial Group LLC now owns 619 shares of the company’s stock worth $29,000 after buying an additional 218 shares in the last quarter. Morris Financial Concepts Inc. lifted its holdings in shares of iShares Core Total USD Bond Market ETF by 1.2% in the 2nd quarter. Morris Financial Concepts Inc. now owns 20,711 shares of the company’s stock valued at $957,000 after acquiring an additional 239 shares during the last quarter. Leavell Investment Management Inc. grew its position in iShares Core Total USD Bond Market ETF by 0.6% in the third quarter. Leavell Investment Management Inc. now owns 40,535 shares of the company’s stock worth $1,893,000 after acquiring an additional 240 shares in the last quarter. Key Financial Inc grew its position in iShares Core Total USD Bond Market ETF by 30.2% in the second quarter. Key Financial Inc now owns 1,185 shares of the company’s stock worth $55,000 after acquiring an additional 275 shares in the last quarter. Finally, Detalus Advisors LLC increased its stake in iShares Core Total USD Bond Market ETF by 1.4% during the third quarter. Detalus Advisors LLC now owns 20,861 shares of the company’s stock worth $974,000 after acquiring an additional 285 shares during the last quarter.

iShares Core Total USD Bond Market ETF Price Performance

NASDAQ:IUSB opened at $46.62 on Friday. The firm has a market capitalization of $34.76 billion, a price-to-earnings ratio of 10.80 and a beta of 0.26. The business has a 50 day simple moving average of $46.66 and a 200-day simple moving average of $46.52. iShares Core Total USD Bond Market ETF has a 1 year low of $44.74 and a 1 year high of $47.20.

iShares Core Total USD Bond Market ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, December 24th. Shareholders of record on Friday, December 19th were paid a dividend of $0.1648 per share. The ex-dividend date of this dividend was Friday, December 19th. This is a positive change from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16. This represents a c) annualized dividend and a yield of 4.2%.

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.