52,266 Shares in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) Purchased by Maiden Cove Capital LLC

Maiden Cove Capital LLC bought a new stake in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) in the third quarter, Holdings Channel reports. The fund bought 52,266 shares of the company’s stock, valued at approximately $2,343,000. iShares Core Total USD Bond Market ETF makes up approximately 4.7% of Maiden Cove Capital LLC’s holdings, making the stock its 4th biggest holding.

Several other hedge funds and other institutional investors have also recently modified their holdings of IUSB. Abich Financial Wealth Management LLC purchased a new stake in shares of iShares Core Total USD Bond Market ETF in the third quarter worth $25,000. Evermay Wealth Management LLC purchased a new position in iShares Core Total USD Bond Market ETF in the third quarter worth $31,000. Scarborough Advisors LLC increased its stake in iShares Core Total USD Bond Market ETF by 120.7% in the second quarter. Scarborough Advisors LLC now owns 865 shares of the company’s stock valued at $39,000 after acquiring an additional 473 shares during the last quarter. National Bank of Canada FI purchased a new stake in iShares Core Total USD Bond Market ETF during the second quarter valued at about $43,000. Finally, Cultivar Capital Inc. bought a new stake in iShares Core Total USD Bond Market ETF during the second quarter worth about $45,000.

iShares Core Total USD Bond Market ETF Price Performance

Shares of IUSB traded up $0.06 during midday trading on Friday, reaching $45.90. The stock had a trading volume of 54,782,571 shares, compared to its average volume of 3,221,896. The company’s 50-day moving average is $46.58 and its 200 day moving average is $45.89. iShares Core Total USD Bond Market ETF has a 12-month low of $43.44 and a 12-month high of $47.44.

iShares Core Total USD Bond Market ETF Increases Dividend

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