Merit Financial Group LLC Grows Position in iShares Core Total USD Bond Market ETF $IUSB

Merit Financial Group LLC grew its stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 61.6% during the 4th quarter, Holdings Channel reports. The fund owned 505,108 shares of the company’s stock after acquiring an additional 192,575 shares during the period. Merit Financial Group LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $23,508,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in IUSB. CIBC Private Wealth Group LLC purchased a new stake in iShares Core Total USD Bond Market ETF during the 3rd quarter worth about $27,000. Decker Retirement Planning Inc. purchased a new position in iShares Core Total USD Bond Market ETF in the 4th quarter valued at about $30,000. Chapman Financial Group LLC purchased a new position in iShares Core Total USD Bond Market ETF in the 3rd quarter valued at about $31,000. Collier Financial acquired a new stake in shares of iShares Core Total USD Bond Market ETF during the 3rd quarter worth about $32,000. Finally, Richardson Capital Management LLC acquired a new stake in shares of iShares Core Total USD Bond Market ETF during the 3rd quarter worth about $43,000.

iShares Core Total USD Bond Market ETF Price Performance

Shares of NASDAQ IUSB opened at $46.35 on Friday. The company has a 50-day simple moving average of $46.52 and a 200-day simple moving average of $46.64. The company has a market cap of $36.42 billion, a PE ratio of 10.80 and a beta of 0.28. 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 company also recently announced a monthly dividend, which was paid on Tuesday, April 7th. Investors of record on Wednesday, April 1st were given a dividend of $0.1645 per share. This represents a c) dividend on an annualized basis and a yield of 4.3%. This is an increase from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16. The ex-dividend date was Wednesday, April 1st.

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.