Payne Capital LLC Takes Position in iShares Core Total USD Bond Market ETF $IUSB

Payne Capital LLC bought a new position in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 20,906 shares of the company’s stock, valued at approximately $977,000. iShares Core Total USD Bond Market ETF makes up approximately 1.0% of Payne Capital LLC’s portfolio, making the stock its 28th largest position.

Several other institutional investors also recently bought and sold shares of IUSB. Team Financial Group LLC lifted its position in shares of iShares Core Total USD Bond Market ETF by 54.4% during the third quarter. Team Financial Group LLC now owns 619 shares of the company’s stock worth $29,000 after purchasing an additional 218 shares in the last quarter. Richardson Capital Management LLC purchased a new stake in iShares Core Total USD Bond Market ETF during the 3rd quarter worth approximately $43,000. Compass Financial Services Inc acquired a new stake in iShares Core Total USD Bond Market ETF during the 3rd quarter worth approximately $52,000. Anchor Investment Management LLC acquired a new stake in iShares Core Total USD Bond Market ETF during the 2nd quarter worth approximately $51,000. Finally, Atlantic Union Bankshares Corp purchased a new position in iShares Core Total USD Bond Market ETF in the 2nd quarter valued at approximately $52,000.

iShares Core Total USD Bond Market ETF Stock Up 0.0%

NASDAQ:IUSB opened at $46.47 on Wednesday. iShares Core Total USD Bond Market ETF has a 52 week low of $44.74 and a 52 week high of $47.20. The company has a fifty day simple moving average of $46.64 and a two-hundred day simple moving average of $46.59. The company has a market cap of $34.95 billion, a price-to-earnings ratio of 10.80 and a beta of 0.26.

iShares Core Total USD Bond Market ETF Increases Dividend

The firm also recently declared a monthly dividend, which will be paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd will be paid a $0.165 dividend. This is a boost from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16. This represents a c) dividend on an annualized basis and a yield of 4.3%. The ex-dividend date is Monday, February 2nd.

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.