Cedar Mountain Advisors LLC Invests $52,000 in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Cedar Mountain Advisors LLC purchased a new stake in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 1,144 shares of the company’s stock, valued at approximately $52,000.

Several other hedge funds have also recently bought and sold shares of IUSB. LPL Financial LLC boosted its position in iShares Core Total USD Bond Market ETF by 20.3% during the 3rd quarter. LPL Financial LLC now owns 39,330,716 shares of the company’s stock worth $1,853,263,000 after acquiring an additional 6,632,679 shares during the period. CWM LLC boosted its holdings in shares of iShares Core Total USD Bond Market ETF by 19.5% during the third quarter. CWM LLC now owns 21,325,421 shares of the company’s stock worth $1,004,854,000 after purchasing an additional 3,483,112 shares during the period. Kestra Investment Management LLC acquired a new stake in shares of iShares Core Total USD Bond Market ETF during the second quarter worth approximately $128,756,000. Sanctuary Advisors LLC purchased a new position in iShares Core Total USD Bond Market ETF during the second quarter valued at approximately $124,848,000. Finally, JPMorgan Chase & Co. increased its stake in iShares Core Total USD Bond Market ETF by 14.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 20,716,912 shares of the company’s stock valued at $976,181,000 after buying an additional 2,651,218 shares during the period.

iShares Core Total USD Bond Market ETF Price Performance

Shares of NASDAQ:IUSB opened at $45.27 on Friday. The firm has a fifty day moving average of $45.46 and a two-hundred day moving average of $46.05. iShares Core Total USD Bond Market ETF has a 12-month low of $44.21 and a 12-month high of $47.44.

iShares Core Total USD Bond Market ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were given a dividend of $0.1605 per share. This is a boost from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16. The ex-dividend date was Wednesday, December 18th. This represents a $1.93 dividend on an annualized basis and a yield of 4.25%.

iShares Core Total USD Bond Market ETF Profile

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.