Leavell Investment Management Inc. Has $1.99 Million Position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Leavell Investment Management Inc. grew its holdings in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 8.2% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 42,201 shares of the company’s stock after buying an additional 3,206 shares during the quarter. Leavell Investment Management Inc.’s holdings in iShares Core Total USD Bond Market ETF were worth $1,989,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Concurrent Investment Advisors LLC grew its stake in shares of iShares Core Total USD Bond Market ETF by 72.8% during the first quarter. Concurrent Investment Advisors LLC now owns 75,543 shares of the company’s stock valued at $3,444,000 after purchasing an additional 31,828 shares during the last quarter. Sfmg LLC acquired a new stake in shares of iShares Core Total USD Bond Market ETF in the 1st quarter valued at $217,000. Verus Capital Partners LLC raised its position in shares of iShares Core Total USD Bond Market ETF by 67.1% during the first quarter. Verus Capital Partners LLC now owns 145,140 shares of the company’s stock worth $6,617,000 after acquiring an additional 58,283 shares during the last quarter. Semus Wealth Partners LLC raised its position in shares of iShares Core Total USD Bond Market ETF by 5.3% during the first quarter. Semus Wealth Partners LLC now owns 11,857 shares of the company’s stock worth $541,000 after acquiring an additional 597 shares during the last quarter. Finally, New Republic Capital LLC lifted its stake in shares of iShares Core Total USD Bond Market ETF by 39.9% during the first quarter. New Republic Capital LLC now owns 18,957 shares of the company’s stock valued at $864,000 after acquiring an additional 5,410 shares during the period.

iShares Core Total USD Bond Market ETF Trading Up 0.1 %

Shares of IUSB stock opened at $45.90 on Friday. iShares Core Total USD Bond Market ETF has a 12 month low of $43.44 and a 12 month high of $47.44. The stock has a 50-day moving average price of $46.58 and a 200 day moving average price of $45.89.

iShares Core Total USD Bond Market ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were given a dividend of $0.1577 per share. This is a boost from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16. 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%.

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.