Snider Financial Group Buys 238 Shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Snider Financial Group raised its holdings in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 3.3% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 7,521 shares of the company’s stock after acquiring an additional 238 shares during the period. Snider Financial Group’s holdings in iShares Core Total USD Bond Market ETF were worth $354,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of IUSB. Creative Planning boosted its stake in iShares Core Total USD Bond Market ETF by 8.0% during the third quarter. Creative Planning now owns 54,714 shares of the company’s stock worth $2,578,000 after acquiring an additional 4,037 shares in the last quarter. McAdam LLC raised its stake in iShares Core Total USD Bond Market ETF by 2.0% during the 2nd quarter. McAdam LLC now owns 11,797 shares of the company’s stock worth $533,000 after acquiring an additional 227 shares during the period. Western Wealth Management LLC boosted its holdings in iShares Core Total USD Bond Market ETF by 1.5% in the 2nd quarter. Western Wealth Management LLC now owns 40,141 shares of the company’s stock worth $1,815,000 after buying an additional 597 shares during the period. Alternative Investment Advisors LLC. purchased a new stake in shares of iShares Core Total USD Bond Market ETF during the second quarter worth about $1,995,000. Finally, Benjamin F. Edwards & Company Inc. increased its holdings in iShares Core Total USD Bond Market ETF by 3.6% in the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 10,839 shares of the company’s stock valued at $490,000 after acquiring an additional 374 shares during the last quarter.

iShares Core Total USD Bond Market ETF Price Performance

iShares Core Total USD Bond Market ETF stock opened at $45.54 on Thursday. iShares Core Total USD Bond Market ETF has a 1-year low of $43.87 and a 1-year high of $47.44. The company’s 50-day moving average is $46.51 and its 200 day moving average is $45.92.

iShares Core Total USD Bond Market ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were paid a dividend of $0.1577 per share. This represents a $1.89 annualized dividend and a dividend yield of 4.16%. The ex-dividend date of this dividend was Friday, November 1st. This is a positive change from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16.

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.