Moors & Cabot Inc. Raises Holdings in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Moors & Cabot Inc. grew its stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 8.9% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 26,521 shares of the company’s stock after buying an additional 2,159 shares during the quarter. Moors & Cabot Inc.’s holdings in iShares Core Total USD Bond Market ETF were worth $1,250,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. Darwin Wealth Management LLC purchased a new position in shares of iShares Core Total USD Bond Market ETF in the 3rd quarter valued at approximately $32,000. Retireful LLC acquired a new stake in shares of iShares Core Total USD Bond Market ETF in the 3rd quarter worth approximately $1,518,000. First Horizon Advisors Inc. grew its position in shares of iShares Core Total USD Bond Market ETF by 32.6% in the third quarter. First Horizon Advisors Inc. now owns 321,139 shares of the company’s stock valued at $15,132,000 after purchasing an additional 78,870 shares during the last quarter. Commerce Bank acquired a new stake in shares of iShares Core Total USD Bond Market ETF during the 3rd quarter worth about $247,000. Finally, Strategy Asset Managers LLC acquired a new position in iShares Core Total USD Bond Market ETF in the 3rd quarter valued at $3,473,000.

iShares Core Total USD Bond Market ETF Stock Performance

Shares of IUSB opened at $45.59 on Friday. iShares Core Total USD Bond Market ETF has a fifty-two week low of $44.21 and a fifty-two week high of $47.44. The company’s fifty day moving average is $46.33 and its two-hundred day moving average is $45.96.

iShares Core Total USD Bond Market ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were paid a dividend of $0.1577 per share. This represents a $1.89 dividend on an annualized basis and a yield of 4.15%. The ex-dividend date of this dividend was Friday, November 1st. This is a positive change from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16.

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.