Sequoia Financial Advisors LLC Makes New $3.25 Million Investment in iShares Core Total USD Bond Market ETF $IUSB

Sequoia Financial Advisors LLC acquired a new position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 70,333 shares of the company’s stock, valued at approximately $3,249,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. CIBC Private Wealth Group LLC bought a new stake in iShares Core Total USD Bond Market ETF during the third quarter valued at about $27,000. Decker Retirement Planning Inc. bought a new stake in iShares Core Total USD Bond Market ETF during the 4th quarter valued at approximately $30,000. Mcguire Capital Advisors Inc. bought a new stake in iShares Core Total USD Bond Market ETF during the 4th quarter valued at approximately $30,000. Hurley Capital LLC purchased a new position in iShares Core Total USD Bond Market ETF in the 4th quarter worth approximately $33,000. Finally, Advocate Investing Services LLC purchased a new position in iShares Core Total USD Bond Market ETF in the 1st quarter worth approximately $42,000.

iShares Core Total USD Bond Market ETF Price Performance

IUSB stock opened at $45.60 on Tuesday. iShares Core Total USD Bond Market ETF has a 1-year low of $45.47 and a 1-year high of $47.23. The company has a market capitalization of $42.52 billion, a price-to-earnings ratio of 10.80 and a beta of 0.26. The business has a 50 day simple moving average of $45.98 and a two-hundred day simple moving average of $46.34.

iShares Core Total USD Bond Market ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st were given a dividend of $0.164 per share. This is a positive change from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.15. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date was Wednesday, July 1st.

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.