iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) Stake Lifted by Mayflower Financial Advisors LLC

Mayflower Financial Advisors LLC increased its position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 30.9% in the third quarter, HoldingsChannel reports. The firm owned 253,787 shares of the company’s stock after purchasing an additional 59,953 shares during the quarter. iShares Core Total USD Bond Market ETF accounts for approximately 1.8% of Mayflower Financial Advisors LLC’s holdings, making the stock its 8th biggest holding. Mayflower Financial Advisors LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $11,958,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Abich Financial Wealth Management LLC bought a new position in iShares Core Total USD Bond Market ETF in the third quarter worth $25,000. Evermay Wealth Management LLC purchased a new stake in shares of iShares Core Total USD Bond Market ETF in the 3rd quarter worth about $31,000. Scarborough Advisors LLC increased its stake in shares of iShares Core Total USD Bond Market ETF by 120.7% in the 2nd quarter. Scarborough Advisors LLC now owns 865 shares of the company’s stock worth $39,000 after acquiring an additional 473 shares in the last quarter. National Bank of Canada FI purchased a new position in iShares Core Total USD Bond Market ETF during the 2nd quarter valued at about $43,000. Finally, Cultivar Capital Inc. purchased a new position in iShares Core Total USD Bond Market ETF during the 2nd quarter valued at about $45,000.

iShares Core Total USD Bond Market ETF Stock Performance

Shares of IUSB opened at $45.90 on Friday. The firm’s 50-day simple moving average is $46.58 and its two-hundred day simple moving average is $45.89. iShares Core Total USD Bond Market ETF has a fifty-two week low of $43.44 and a fifty-two week high of $47.44.

iShares Core Total USD Bond Market ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were paid a $0.1577 dividend. The ex-dividend date of this dividend was Friday, November 1st. This represents a $1.89 annualized dividend and a dividend yield of 4.12%. This is an increase from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16.

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.