iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) Reaches New 12-Month High – Here’s What Happened

iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)’s stock price reached a new 52-week high on Friday . The stock traded as high as $47.22 and last traded at $47.1950, with a volume of 368475 shares trading hands. The stock had previously closed at $47.12.

iShares Core Total USD Bond Market ETF Stock Up 0.2%

The firm’s fifty day simple moving average is $46.71 and its 200-day simple moving average is $46.68. The company has a market cap of $35.50 billion, a PE ratio of 10.80 and a beta of 0.26.

iShares Core Total USD Bond Market ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were given a dividend of $0.165 per share. The ex-dividend date of this dividend was Monday, February 2nd. 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%.

Institutional Trading of iShares Core Total USD Bond Market ETF

A number of large investors have recently made changes to their positions in the stock. AQR Capital Management LLC lifted its holdings in iShares Core Total USD Bond Market ETF by 9.9% in the 1st quarter. AQR Capital Management LLC now owns 60,249 shares of the company’s stock valued at $2,776,000 after purchasing an additional 5,416 shares in the last quarter. Goldman Sachs Group Inc. boosted its position in iShares Core Total USD Bond Market ETF by 40.7% during the first quarter. Goldman Sachs Group Inc. now owns 191,332 shares of the company’s stock worth $8,817,000 after acquiring an additional 55,360 shares during the last quarter. Daymark Wealth Partners LLC boosted its position in iShares Core Total USD Bond Market ETF by 7.5% during the second quarter. Daymark Wealth Partners LLC now owns 34,973 shares of the company’s stock worth $1,617,000 after acquiring an additional 2,453 shares during the last quarter. Arkadios Wealth Advisors grew its stake in iShares Core Total USD Bond Market ETF by 2.6% in the 2nd quarter. Arkadios Wealth Advisors now owns 91,637 shares of the company’s stock worth $4,236,000 after acquiring an additional 2,328 shares during the period. Finally, Spire Wealth Management increased its stake in iShares Core Total USD Bond Market ETF by 1,276.8% in the second quarter. Spire Wealth Management now owns 1,888,940 shares of the company’s stock valued at $86,970,000 after purchasing an additional 1,751,742 shares during the last quarter.

About iShares Core Total USD Bond Market ETF

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.