Cadence Bank Boosts Position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Cadence Bank boosted its holdings in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 10.3% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 5,030 shares of the company’s stock after buying an additional 470 shares during the quarter. Cadence Bank’s holdings in iShares Core Total USD Bond Market ETF were worth $229,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of IUSB. Parkside Financial Bank & Trust acquired a new stake in shares of iShares Core Total USD Bond Market ETF during the 4th quarter worth approximately $27,000. Planned Solutions Inc. acquired a new stake in shares of iShares Core Total USD Bond Market ETF during the 4th quarter worth approximately $28,000. Pineridge Advisors LLC acquired a new stake in shares of iShares Core Total USD Bond Market ETF during the 4th quarter worth approximately $28,000. Simplex Trading LLC acquired a new stake in shares of iShares Core Total USD Bond Market ETF during the 4th quarter worth approximately $30,000. Finally, Capital Investment Advisory Services LLC grew its stake in shares of iShares Core Total USD Bond Market ETF by 23,333.3% during the 1st quarter. Capital Investment Advisory Services LLC now owns 703 shares of the company’s stock worth $32,000 after purchasing an additional 700 shares during the period.

iShares Core Total USD Bond Market ETF Price Performance

Shares of NASDAQ IUSB traded up $0.18 during midday trading on Friday, reaching $45.77. 1,494,670 shares of the stock were exchanged, compared to its average volume of 2,815,290. iShares Core Total USD Bond Market ETF has a twelve month low of $42.56 and a twelve month high of $46.35. The firm has a 50-day simple moving average of $45.32 and a two-hundred day simple moving average of $45.26.

iShares Core Total USD Bond Market ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Friday, July 5th. Investors of record on Monday, July 1st were paid a $0.152 dividend. The ex-dividend date of this dividend was Monday, July 1st. This represents a $1.82 dividend on an annualized basis and a yield of 3.98%.

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.