Tnf LLC Increases Position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Tnf LLC grew its stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 2.3% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 559,835 shares of the company’s stock after purchasing an additional 12,522 shares during the period. iShares Core Total USD Bond Market ETF comprises about 9.2% of Tnf LLC’s investment portfolio, making the stock its 2nd biggest position. Tnf LLC owned about 0.09% of iShares Core Total USD Bond Market ETF worth $25,473,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently bought and sold shares of the company. AMG National Trust Bank acquired a new position in iShares Core Total USD Bond Market ETF during the second quarter valued at approximately $274,000. Tempus Wealth Planning LLC raised its position in iShares Core Total USD Bond Market ETF by 5.9% during the second quarter. Tempus Wealth Planning LLC now owns 46,067 shares of the company’s stock worth $2,083,000 after acquiring an additional 2,557 shares in the last quarter. Fullcircle Wealth LLC bought a new stake in iShares Core Total USD Bond Market ETF during the second quarter worth $3,125,000. Destination Wealth Management raised its position in shares of iShares Core Total USD Bond Market ETF by 1.1% in the second quarter. Destination Wealth Management now owns 844,683 shares of the company’s stock valued at $38,197,000 after purchasing an additional 9,477 shares during the period. Finally, Atlantic Union Bankshares Corp bought a new position in shares of iShares Core Total USD Bond Market ETF in the second quarter valued at about $462,000.

iShares Core Total USD Bond Market ETF Trading Up 0.5 %

Shares of IUSB stock traded up $0.21 on Friday, hitting $46.87. The company’s stock had a trading volume of 1,843,611 shares, compared to its average volume of 2,700,779. The stock’s 50 day moving average is $45.86 and its 200-day moving average is $45.35. iShares Core Total USD Bond Market ETF has a fifty-two week low of $42.56 and a fifty-two week high of $46.91.

iShares Core Total USD Bond Market ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, August 6th. Stockholders of record on Thursday, August 1st were paid a $0.1568 dividend. This is an increase from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.15. This represents a $1.88 dividend on an annualized basis and a dividend yield of 4.01%. The ex-dividend date was Thursday, August 1st.

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.