Galvin Gaustad & Stein LLC Has $10.09 Million Stock Position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Galvin Gaustad & Stein LLC raised its position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 4.0% in the 4th quarter, HoldingsChannel reports. The fund owned 223,221 shares of the company’s stock after purchasing an additional 8,546 shares during the period. Galvin Gaustad & Stein LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $10,090,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also modified their holdings of IUSB. Abich Financial Wealth Management LLC bought a new position in shares of iShares Core Total USD Bond Market ETF in the 3rd quarter worth $25,000. SWAN Capital LLC acquired a new stake in shares of iShares Core Total USD Bond Market ETF in the third quarter valued at about $25,000. Peterson Financial Group Inc. acquired a new stake in shares of iShares Core Total USD Bond Market ETF in the third quarter valued at about $30,000. Evermay Wealth Management LLC acquired a new stake in shares of iShares Core Total USD Bond Market ETF in the third quarter valued at about $31,000. Finally, Darwin Wealth Management LLC bought a new position in iShares Core Total USD Bond Market ETF during the third quarter worth about $32,000.

iShares Core Total USD Bond Market ETF Trading Down 0.4 %

iShares Core Total USD Bond Market ETF stock opened at $45.18 on Thursday. iShares Core Total USD Bond Market ETF has a 52 week low of $44.21 and a 52 week high of $47.44. The stock has a 50-day simple moving average of $45.47 and a 200 day simple moving average of $46.06.

iShares Core Total USD Bond Market ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were issued a dividend of $0.1605 per share. This represents a $1.93 dividend on an annualized basis and a dividend yield of 4.26%. The ex-dividend date of this dividend was Wednesday, December 18th. This is a boost from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16.

iShares Core Total USD Bond Market ETF Company 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.