Investors Buy iShares Core Total USD Bond Market ETF (IUSB) on Weakness

Investors bought shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) on weakness during trading hours on Thursday. $83.68 million flowed into the stock on the tick-up and $2.61 million flowed out of the stock on the tick-down, for a money net flow of $81.07 million into the stock. Of all equities tracked, iShares Core Total USD Bond Market ETF had the 4th highest net in-flow for the day. iShares Core Total USD Bond Market ETF traded down ($0.02) for the day and closed at $48.55

The firm also recently declared a monthly dividend, which was paid on Wednesday, November 7th. Stockholders of record on Friday, November 2nd were issued a dividend of $0.1356 per share. This represents a $1.63 dividend on an annualized basis and a dividend yield of 3.35%. This is a positive change from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.13. The ex-dividend date was Thursday, November 1st.

Several institutional investors and hedge funds have recently modified their holdings of IUSB. The Manufacturers Life Insurance Company increased its holdings in shares of iShares Core Total USD Bond Market ETF by 298.1% during the first quarter. The Manufacturers Life Insurance Company now owns 3,276 shares of the company’s stock valued at $164,000 after purchasing an additional 2,453 shares during the period. Cornerstone Wealth Management LLC acquired a new position in shares of iShares Core Total USD Bond Market ETF during the second quarter valued at $3,303,000. Integrated Wealth Concepts LLC acquired a new position in shares of iShares Core Total USD Bond Market ETF during the second quarter valued at $572,000. Advisory Services Network LLC increased its holdings in shares of iShares Core Total USD Bond Market ETF by 1,318.0% during the second quarter. Advisory Services Network LLC now owns 2,283 shares of the company’s stock valued at $113,000 after purchasing an additional 2,122 shares during the period. Finally, Burt Wealth Advisors increased its holdings in shares of iShares Core Total USD Bond Market ETF by 115.4% during the second quarter. Burt Wealth Advisors now owns 6,160 shares of the company’s stock valued at $304,000 after purchasing an additional 3,300 shares during the period.

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