70,333 Shares in iShares Core Total USD Bond Market ETF $IUSB Purchased by Sequoia Financial Advisors LLC

Sequoia Financial Advisors LLC purchased a new stake in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 70,333 shares of the company’s stock, valued at approximately $3,249,000.

Several other institutional investors have also added to or reduced their stakes in the company. CIBC Private Wealth Group LLC bought a new stake in iShares Core Total USD Bond Market ETF in the 3rd quarter worth approximately $27,000. Decker Retirement Planning Inc. bought a new position in shares of iShares Core Total USD Bond Market ETF during the 4th quarter valued at approximately $30,000. Mcguire Capital Advisors Inc. bought a new position in shares of iShares Core Total USD Bond Market ETF during the 4th quarter valued at approximately $30,000. Hurley Capital LLC purchased a new position in shares of iShares Core Total USD Bond Market ETF in the fourth quarter valued at $33,000. Finally, Advocate Investing Services LLC purchased a new position in shares of iShares Core Total USD Bond Market ETF in the first quarter valued at $42,000.

iShares Core Total USD Bond Market ETF Stock Performance

Shares of IUSB opened at $45.60 on Tuesday. The company’s fifty day moving average is $45.98 and its 200 day moving average is $46.34. iShares Core Total USD Bond Market ETF has a fifty-two week low of $45.47 and a fifty-two week high of $47.23. The stock has a market capitalization of $42.52 billion, a PE ratio of 10.80 and a beta of 0.26.

iShares Core Total USD Bond Market ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, July 7th. Shareholders of record on Wednesday, July 1st were paid a $0.164 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date of this dividend was Wednesday, July 1st. This is an increase from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.15.

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.