iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) Sees Strong Trading Volume – Should You Buy?

iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) shares saw unusually-strong trading volume on Friday . Approximately 9,790,098 shares were traded during trading, an increase of 225% from the previous session’s volume of 3,014,557 shares.The stock last traded at $45.94 and had previously closed at $45.84.

iShares Core Total USD Bond Market ETF Price Performance

The firm’s fifty day simple moving average is $46.61 and its 200 day simple moving average is $45.88.

iShares Core Total USD Bond Market ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were paid a $0.1577 dividend. This is an increase from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16. This represents a $1.89 annualized dividend and a dividend yield of 4.12%. The ex-dividend date was Friday, November 1st.

Institutional Trading of iShares Core Total USD Bond Market ETF

Hedge funds and other institutional investors have recently made changes to their positions in the company. Abich Financial Wealth Management LLC purchased a new stake in shares of iShares Core Total USD Bond Market ETF during the third quarter worth approximately $25,000. Peterson Financial Group Inc. acquired a new position in shares of iShares Core Total USD Bond Market ETF in the 3rd quarter valued at $30,000. Evermay Wealth Management LLC acquired a new position in iShares Core Total USD Bond Market ETF in the third quarter valued at $31,000. Scarborough Advisors LLC grew its holdings in shares of iShares Core Total USD Bond Market ETF by 120.7% during the second quarter. Scarborough Advisors LLC now owns 865 shares of the company’s stock worth $39,000 after purchasing an additional 473 shares during the last quarter. Finally, National Bank of Canada FI acquired a new stake in shares of iShares Core Total USD Bond Market ETF during the second quarter worth about $43,000.

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.