Davidson Trust Co. Invests $701,000 in iShares Core Total USD Bond Market ETF $IUSB

Davidson Trust Co. acquired a new position in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 15,071 shares of the company’s stock, valued at approximately $701,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. CIBC Private Wealth Group LLC bought a new stake in iShares Core Total USD Bond Market ETF in the third quarter valued at about $27,000. Decker Retirement Planning Inc. bought a new stake in iShares Core Total USD Bond Market ETF in the fourth quarter valued at about $30,000. Chapman Financial Group LLC bought a new stake in iShares Core Total USD Bond Market ETF in the third quarter valued at about $31,000. Collier Financial bought a new stake in iShares Core Total USD Bond Market ETF in the third quarter valued at about $32,000. Finally, Richardson Capital Management LLC bought a new stake in iShares Core Total USD Bond Market ETF in the third quarter valued at about $43,000.

iShares Core Total USD Bond Market ETF Price Performance

NASDAQ IUSB opened at $46.53 on Monday. The stock has a market cap of $36.56 billion, a P/E ratio of 10.80 and a beta of 0.28. The company’s 50-day simple moving average is $46.52 and its 200 day simple moving average is $46.64. iShares Core Total USD Bond Market ETF has a twelve month low of $45.07 and a twelve month high of $47.23.

iShares Core Total USD Bond Market ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, April 7th. Investors of record on Wednesday, April 1st were paid a $0.1645 dividend. The ex-dividend date of this dividend was Wednesday, April 1st. This is an increase from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16. This represents a c) dividend on an annualized basis and a yield of 4.2%.

iShares Core Total USD Bond Market ETF Company 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.