Polaris Investment Advisors LLC Makes New $7.67 Million Investment in iShares Core Total USD Bond Market ETF $IUSB

Polaris Investment Advisors LLC bought a new stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 164,815 shares of the company’s stock, valued at approximately $7,670,000. iShares Core Total USD Bond Market ETF comprises 5.5% of Polaris Investment Advisors LLC’s investment portfolio, making the stock its 5th biggest position.

A number of other hedge funds and other institutional investors have also made changes to their positions in IUSB. CIBC Private Wealth Group LLC purchased a new stake in shares of iShares Core Total USD Bond Market ETF during the 3rd quarter valued at approximately $27,000. Team Financial Group LLC grew its position in iShares Core Total USD Bond Market ETF by 54.4% in the third quarter. Team Financial Group LLC now owns 619 shares of the company’s stock worth $29,000 after acquiring an additional 218 shares during the period. Chapman Financial Group LLC acquired a new stake in iShares Core Total USD Bond Market ETF during the third quarter worth $31,000. Collier Financial acquired a new stake in iShares Core Total USD Bond Market ETF during the third quarter worth $32,000. Finally, Richardson Capital Management LLC purchased a new stake in iShares Core Total USD Bond Market ETF in the third quarter valued at $43,000.

iShares Core Total USD Bond Market ETF Stock Up 0.5%

Shares of iShares Core Total USD Bond Market ETF stock opened at $46.10 on Tuesday. The firm has a market cap of $34.67 billion, a PE ratio of 10.80 and a beta of 0.26. iShares Core Total USD Bond Market ETF has a 52 week low of $44.74 and a 52 week high of $47.23. The business’s fifty day simple moving average is $46.61 and its 200-day simple moving average is $46.69.

iShares Core Total USD Bond Market ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd were paid a $0.1573 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date of this dividend was Monday, March 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.