Richmond Investment Services LLC Boosts Holdings in iShares Core Total USD Bond Market ETF $IUSB

Richmond Investment Services LLC grew its position in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 28.0% in the first quarter, Holdings Channel reports. The firm owned 54,570 shares of the company’s stock after purchasing an additional 11,928 shares during the period. Richmond Investment Services LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $2,521,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Marino Stram & Associates LLC grew its position in iShares Core Total USD Bond Market ETF by 2.6% during the first quarter. Marino Stram & Associates LLC now owns 25,292 shares of the company’s stock worth $1,168,000 after buying an additional 650 shares in the last quarter. Renasant Bank raised its holdings in shares of iShares Core Total USD Bond Market ETF by 11.8% in the 1st quarter. Renasant Bank now owns 87,866 shares of the company’s stock valued at $4,059,000 after acquiring an additional 9,248 shares in the last quarter. KERR FINANCIAL PLANNING Corp boosted its position in shares of iShares Core Total USD Bond Market ETF by 11.1% during the 1st quarter. KERR FINANCIAL PLANNING Corp now owns 25,552 shares of the company’s stock valued at $1,183,000 after acquiring an additional 2,550 shares during the last quarter. WealthPLAN Partners LLC boosted its position in shares of iShares Core Total USD Bond Market ETF by 2.6% during the 1st quarter. WealthPLAN Partners LLC now owns 56,072 shares of the company’s stock valued at $2,590,000 after acquiring an additional 1,440 shares during the last quarter. Finally, Horst & Graben Wealth Management LLC grew its holdings in shares of iShares Core Total USD Bond Market ETF by 1.9% during the first quarter. Horst & Graben Wealth Management LLC now owns 570,855 shares of the company’s stock worth $26,448,000 after purchasing an additional 10,830 shares in the last quarter.

iShares Core Total USD Bond Market ETF Price Performance

Shares of IUSB opened at $45.80 on Wednesday. The firm’s 50 day simple moving average is $46.02 and its 200 day simple moving average is $46.36. The company has a market capitalization of $42.53 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 Increases Dividend

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

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.