Evergreen Capital Management LLC Makes New $607,000 Investment in iShares Core Total USD Bond Market ETF $IUSB

Evergreen Capital Management LLC bought a new stake in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund bought 12,989 shares of the company’s stock, valued at approximately $607,000.

A number of other hedge funds also recently modified their holdings of IUSB. Team Financial Group LLC raised its position in iShares Core Total USD Bond Market ETF by 54.4% during the third quarter. Team Financial Group LLC now owns 619 shares of the company’s stock valued at $29,000 after buying an additional 218 shares during the period. Morris Financial Concepts Inc. grew its stake in iShares Core Total USD Bond Market ETF by 1.2% during the 2nd quarter. Morris Financial Concepts Inc. now owns 20,711 shares of the company’s stock valued at $957,000 after acquiring an additional 239 shares in the last quarter. Leavell Investment Management Inc. increased its holdings in shares of iShares Core Total USD Bond Market ETF by 0.6% in the 3rd quarter. Leavell Investment Management Inc. now owns 40,535 shares of the company’s stock valued at $1,893,000 after purchasing an additional 240 shares during the period. Key Financial Inc increased its holdings in shares of iShares Core Total USD Bond Market ETF by 30.2% in the 2nd quarter. Key Financial Inc now owns 1,185 shares of the company’s stock valued at $55,000 after purchasing an additional 275 shares during the period. Finally, AdvisorNet Financial Inc lifted its position in shares of iShares Core Total USD Bond Market ETF by 2.1% in the second quarter. AdvisorNet Financial Inc now owns 15,263 shares of the company’s stock worth $706,000 after purchasing an additional 308 shares in the last quarter.

iShares Core Total USD Bond Market ETF Stock Performance

IUSB stock opened at $46.46 on Wednesday. The firm has a 50 day simple moving average of $46.66 and a 200 day simple moving average of $46.52. iShares Core Total USD Bond Market ETF has a 52 week low of $44.74 and a 52 week high of $47.20. The stock has a market cap of $34.64 billion, a P/E ratio of 10.80 and a beta of 0.26.

iShares Core Total USD Bond Market ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, December 24th. Stockholders of record on Friday, December 19th were issued a dividend of $0.1648 per share. The ex-dividend date was Friday, December 19th. This represents a c) annualized dividend and a dividend yield of 4.3%. This is an increase from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16.

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.