Spectrum Strategic Capital Management LLC Has $572,000 Stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Spectrum Strategic Capital Management LLC boosted its stake in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 7.5% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 12,655 shares of the company’s stock after acquiring an additional 883 shares during the quarter. iShares Core Total USD Bond Market ETF makes up approximately 0.4% of Spectrum Strategic Capital Management LLC’s holdings, making the stock its 20th biggest holding. Spectrum Strategic Capital Management LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $572,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. SWAN Capital LLC bought a new stake in iShares Core Total USD Bond Market ETF during the 3rd quarter worth about $25,000. Abich Financial Wealth Management LLC bought a new stake in shares of iShares Core Total USD Bond Market ETF during the third quarter worth approximately $25,000. Peterson Financial Group Inc. bought a new stake in shares of iShares Core Total USD Bond Market ETF during the third quarter worth approximately $30,000. Evermay Wealth Management LLC acquired a new position in iShares Core Total USD Bond Market ETF in the third quarter valued at approximately $31,000. Finally, Darwin Wealth Management LLC bought a new position in iShares Core Total USD Bond Market ETF in the third quarter valued at approximately $32,000.

iShares Core Total USD Bond Market ETF Price Performance

IUSB stock opened at $45.49 on Tuesday. iShares Core Total USD Bond Market ETF has a twelve month low of $44.21 and a twelve month high of $47.44. The business’s fifty day moving average is $45.46 and its 200-day moving average is $46.06.

iShares Core Total USD Bond Market ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were paid a $0.1605 dividend. This is a positive change from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16. The ex-dividend date of this dividend was Wednesday, December 18th. This represents a $1.93 annualized dividend and a yield of 4.23%.

iShares Core Total USD Bond Market ETF 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.