Sovran Advisors LLC Acquires 52,433 Shares of iShares Core Total USD Bond Market ETF $IUSB

Sovran Advisors LLC increased its holdings in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 19.0% in the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 328,949 shares of the company’s stock after purchasing an additional 52,433 shares during the period. iShares Core Total USD Bond Market ETF makes up about 1.2% of Sovran Advisors LLC’s holdings, making the stock its 13th biggest holding. Sovran Advisors LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $15,201,000 at the end of the most recent quarter.

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

iShares Core Total USD Bond Market ETF Stock Performance

IUSB traded down $0.04 on Friday, hitting $45.74. 2,894,464 shares of the company were exchanged, compared to its average volume of 4,534,737. The firm has a fifty day simple moving average of $45.99 and a two-hundred day simple moving average of $46.35. The stock has a market capitalization of $42.65 billion, a PE ratio of 10.80 and a beta of 0.26. iShares Core Total USD Bond Market ETF has a 12 month low of $45.47 and a 12 month high of $47.23.

iShares Core Total USD Bond Market ETF Increases Dividend

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

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.