Sheridan Capital Management LLC Has $3.59 Million Holdings in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Sheridan Capital Management LLC boosted its stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 1.6% in the third quarter, HoldingsChannel reports. The firm owned 76,135 shares of the company’s stock after acquiring an additional 1,200 shares during the period. iShares Core Total USD Bond Market ETF accounts for about 2.5% of Sheridan Capital Management LLC’s holdings, making the stock its 10th biggest position. Sheridan Capital Management LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $3,587,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of the stock. Pineridge Advisors LLC acquired a new stake in shares of iShares Core Total USD Bond Market ETF in the 4th quarter valued at about $28,000. Farmers & Merchants Investments Inc. raised its holdings in shares of iShares Core Total USD Bond Market ETF by 59.1% in the first quarter. Farmers & Merchants Investments Inc. now owns 754 shares of the company’s stock valued at $34,000 after purchasing an additional 280 shares during the last quarter. Scarborough Advisors LLC lifted its position in shares of iShares Core Total USD Bond Market ETF by 120.7% in the second quarter. Scarborough Advisors LLC now owns 865 shares of the company’s stock worth $39,000 after purchasing an additional 473 shares in the last quarter. National Bank of Canada FI acquired a new position in iShares Core Total USD Bond Market ETF during the second quarter worth $43,000. Finally, Fifth Third Bancorp bought a new position in iShares Core Total USD Bond Market ETF in the second quarter valued at $45,000.

iShares Core Total USD Bond Market ETF Trading Up 0.1 %

NASDAQ:IUSB traded up $0.03 on Friday, hitting $46.35. 2,009,840 shares of the company’s stock were exchanged, compared to its average volume of 2,991,355. The firm has a 50-day moving average price of $46.81 and a 200-day moving average price of $45.74. iShares Core Total USD Bond Market ETF has a 52 week low of $42.56 and a 52 week high of $47.44.

iShares Core Total USD Bond Market ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were given a dividend of $0.1569 per share. The ex-dividend date of this dividend was Tuesday, September 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.