iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) Announces Dividend Increase – $0.16 Per Share

iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) declared a monthly dividend on Tuesday, June 30th, NASDAQ Dividends reports. Stockholders of record on Wednesday, July 1st will be given a dividend of 0.164 per share on Tuesday, July 7th. This represents a c) annualized dividend and a dividend yield of 4.3%. The ex-dividend date is Wednesday, July 1st. This is a 8.5% increase from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.15.

iShares Core Total USD Bond Market ETF Stock Performance

Shares of IUSB traded down $0.23 during trading hours on Wednesday, reaching $45.92. 3,757,703 shares of the company traded hands, compared to its average volume of 4,596,797. The stock’s fifty day moving average is $46.07 and its 200 day moving average is $46.39. The stock has a market cap of $36.34 billion, a P/E ratio of 10.80 and a beta of 0.26. iShares Core Total USD Bond Market ETF has a 1-year low of $45.47 and a 1-year high of $47.23.

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.