Affinity Capital Advisors LLC Has $48 Million Position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Affinity Capital Advisors LLC raised its stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 7.4% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 1,067,397 shares of the company’s stock after acquiring an additional 73,319 shares during the period. iShares Core Total USD Bond Market ETF accounts for approximately 9.0% of Affinity Capital Advisors LLC’s holdings, making the stock its 3rd biggest position. Affinity Capital Advisors LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $48,001,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Abich Financial Wealth Management LLC purchased a new position in shares of iShares Core Total USD Bond Market ETF in the third quarter worth approximately $25,000. SWAN Capital LLC acquired a new position in iShares Core Total USD Bond Market ETF in the 3rd quarter worth approximately $25,000. Peterson Financial Group Inc. purchased a new position in iShares Core Total USD Bond Market ETF during the 3rd quarter worth approximately $30,000. Evermay Wealth Management LLC acquired a new stake in iShares Core Total USD Bond Market ETF during the 3rd quarter valued at $31,000. Finally, Darwin Wealth Management LLC purchased a new stake in shares of iShares Core Total USD Bond Market ETF in the third quarter valued at $32,000.

iShares Core Total USD Bond Market ETF Stock Down 0.1 %

Shares of iShares Core Total USD Bond Market ETF stock opened at $44.72 on Tuesday. iShares Core Total USD Bond Market ETF has a 12 month low of $44.21 and a 12 month high of $47.44. The business has a fifty day simple moving average of $45.55 and a 200-day simple moving average of $46.06.

iShares Core Total USD Bond Market ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were given a dividend of $0.1605 per share. The ex-dividend date was Wednesday, December 18th. This is a positive change from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16. This represents a $1.93 dividend on an annualized basis and a yield of 4.31%.

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.