Farrell Financial LLC Boosts Stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Farrell Financial LLC lifted its position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 6.8% in the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 26,019 shares of the company’s stock after acquiring an additional 1,661 shares during the period. iShares Core Total USD Bond Market ETF accounts for about 0.9% of Farrell Financial LLC’s investment portfolio, making the stock its 26th largest holding. Farrell Financial LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $1,199,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in IUSB. Synergy Investment Management LLC purchased a new stake in iShares Core Total USD Bond Market ETF in the fourth quarter worth $29,000. Investors Research Corp boosted its holdings in shares of iShares Core Total USD Bond Market ETF by 212.9% during the 1st quarter. Investors Research Corp now owns 657 shares of the company’s stock valued at $30,000 after buying an additional 447 shares in the last quarter. MassMutual Private Wealth & Trust FSB purchased a new stake in shares of iShares Core Total USD Bond Market ETF in the 1st quarter worth about $38,000. CX Institutional purchased a new stake in shares of iShares Core Total USD Bond Market ETF in the 1st quarter worth about $41,000. Finally, National Bank of Canada FI bought a new position in shares of iShares Core Total USD Bond Market ETF in the 4th quarter worth about $45,000.

iShares Core Total USD Bond Market ETF Price Performance

Shares of NASDAQ IUSB opened at $45.64 on Thursday. iShares Core Total USD Bond Market ETF has a 1 year low of $44.67 and a 1 year high of $47.44. The firm has a 50-day moving average of $45.52 and a 200 day moving average of $45.58. The stock has a market cap of $32.40 billion, a P/E ratio of 10.80 and a beta of 0.25.

iShares Core Total USD Bond Market ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, June 5th. Stockholders of record on Monday, June 2nd were issued a dividend of $0.1651 per share. This is a positive change from iShares Core Total USD Bond Market ETF’s previous dividend of $0.16. The ex-dividend date of this dividend was Monday, June 2nd.

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.