iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) Increases Dividend to $0.16 Per Share

iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) declared a monthly dividend on Tuesday, June 30th, NASDAQ Dividends reports. Investors of record on Wednesday, July 1st will be given a dividend of 0.164 per share on Tuesday, July 7th. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date of this dividend is Wednesday, July 1st. This is a 8.5% increase from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.15.

iShares Core Total USD Bond Market ETF Stock Down 0.5%

iShares Core Total USD Bond Market ETF stock traded down $0.23 during midday trading on Wednesday, hitting $45.92. The company’s stock had a trading volume of 3,757,703 shares, compared to its average volume of 4,596,797. The company has a market capitalization of $36.34 billion, a PE ratio of 10.80 and a beta of 0.26. The stock’s 50-day moving average price is $46.07 and its 200-day moving average price is $46.39. iShares Core Total USD Bond Market ETF has a 12 month low of $45.47 and a 12 month high of $47.23.

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.