iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) is Maiden Cove Capital LLC’s 3rd Largest Position

Maiden Cove Capital LLC trimmed its position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 7.1% during the fourth quarter, HoldingsChannel.com reports. The firm owned 62,805 shares of the company’s stock after selling 4,803 shares during the quarter. iShares Core Total USD Bond Market ETF comprises 4.3% of Maiden Cove Capital LLC’s investment portfolio, making the stock its 3rd biggest position. Maiden Cove Capital LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $2,839,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. SWAN Capital LLC purchased a new stake in iShares Core Total USD Bond Market ETF during the 3rd quarter worth $25,000. Peterson Financial Group Inc. purchased a new stake in shares of iShares Core Total USD Bond Market ETF in the third quarter worth about $30,000. Synergy Investment Management LLC purchased a new stake in shares of iShares Core Total USD Bond Market ETF in the fourth quarter worth about $29,000. Darwin Wealth Management LLC acquired a new stake in shares of iShares Core Total USD Bond Market ETF in the third quarter valued at about $32,000. Finally, First Financial Corp IN purchased a new stake in shares of iShares Core Total USD Bond Market ETF during the 4th quarter valued at about $35,000.

iShares Core Total USD Bond Market ETF Stock Down 0.2 %

NASDAQ IUSB opened at $45.77 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 business has a 50 day moving average price of $45.50 and a two-hundred day moving average price of $45.94. The stock has a market cap of $32.56 billion, a PE ratio of 16.77 and a beta of 0.15.

iShares Core Total USD Bond Market ETF Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were issued a dividend of $0.1553 per share. This is a positive change from iShares Core Total USD Bond Market ETF’s previous dividend of $0.15. The ex-dividend date of this dividend was Monday, March 3rd.

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.