iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) Sees Large Volume Increase – Here’s What Happened

iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) saw strong trading volume on Friday . 9,790,098 shares were traded during trading, an increase of 225% from the previous session’s volume of 3,014,557 shares.The stock last traded at $45.94 and had previously closed at $45.84.

iShares Core Total USD Bond Market ETF Stock Performance

The stock’s 50 day moving average price is $46.61 and its two-hundred day moving average price is $45.88.

iShares Core Total USD Bond Market ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were given a $0.1577 dividend. This is an increase from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16. This represents a $1.89 annualized dividend and a dividend yield of 4.12%. The ex-dividend date of this dividend was Friday, November 1st.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. Abich Financial Wealth Management LLC purchased a new stake in shares of iShares Core Total USD Bond Market ETF during the 3rd quarter worth about $25,000. Peterson Financial Group Inc. purchased a new position in shares of iShares Core Total USD Bond Market ETF in the third quarter valued at $30,000. Evermay Wealth Management LLC acquired a new stake in shares of iShares Core Total USD Bond Market ETF during the third quarter valued at about $31,000. Scarborough Advisors LLC lifted its stake 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 acquiring an additional 473 shares in the last quarter. Finally, National Bank of Canada FI acquired a new stake in iShares Core Total USD Bond Market ETF during the 2nd quarter valued at approximately $43,000.

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.