Renasant Bank Has $3.66 Million Holdings in iShares Core Total USD Bond Market ETF $IUSB

Renasant Bank grew its position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 90.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 78,618 shares of the company’s stock after acquiring an additional 37,262 shares during the quarter. iShares Core Total USD Bond Market ETF makes up approximately 2.5% of Renasant Bank’s holdings, making the stock its 6th largest position. Renasant Bank’s holdings in iShares Core Total USD Bond Market ETF were worth $3,659,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Diversify Advisory Services LLC grew its stake in iShares Core Total USD Bond Market ETF by 11.3% during the 3rd quarter. Diversify Advisory Services LLC now owns 159,983 shares of the company’s stock worth $7,458,000 after buying an additional 16,301 shares during the last quarter. Firestone Capital Management grew its stake in iShares Core Total USD Bond Market ETF by 3.2% during the 3rd quarter. Firestone Capital Management now owns 354,435 shares of the company’s stock worth $16,556,000 after buying an additional 10,921 shares during the last quarter. Acorn Wealth Advisors LLC bought a new position in iShares Core Total USD Bond Market ETF during the 3rd quarter worth $624,000. First Command Advisory Services Inc. grew its stake in iShares Core Total USD Bond Market ETF by 5.4% during the 3rd quarter. First Command Advisory Services Inc. now owns 2,210,825 shares of the company’s stock worth $103,268,000 after buying an additional 112,933 shares during the last quarter. Finally, Avidian Wealth Enterprises LLC grew its stake in iShares Core Total USD Bond Market ETF by 1.5% during the 3rd quarter. Avidian Wealth Enterprises LLC now owns 1,015,283 shares of the company’s stock worth $47,424,000 after buying an additional 14,543 shares during the last quarter.

iShares Core Total USD Bond Market ETF Price Performance

Shares of IUSB opened at $46.14 on Thursday. The company has a market cap of $36.36 billion, a P/E ratio of 10.80 and a beta of 0.28. The stock has a fifty day moving average price of $46.43 and a 200 day moving average price of $46.62. iShares Core Total USD Bond Market ETF has a 12 month low of $45.07 and a 12 month high of $47.23.

iShares Core Total USD Bond Market ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, April 7th. Shareholders of record on Wednesday, April 1st were given a dividend of $0.1645 per share. This is a boost from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16. The ex-dividend date was Wednesday, April 1st. This represents a c) dividend on an annualized basis and a yield of 4.3%.

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.