iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) Shares Bought by Parallel Advisors LLC

Parallel Advisors LLC lifted its stake in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 2,951.0% in the 4th quarter, HoldingsChannel.com reports. The fund owned 40,182 shares of the company’s stock after acquiring an additional 38,865 shares during the quarter. Parallel Advisors LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $1,816,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the stock. SWAN Capital LLC acquired a new position in shares of iShares Core Total USD Bond Market ETF in the 3rd quarter valued at $25,000. Synergy Investment Management LLC purchased a new stake in iShares Core Total USD Bond Market ETF during the fourth quarter valued at about $29,000. Darwin Wealth Management LLC acquired a new position in shares of iShares Core Total USD Bond Market ETF in the third quarter worth about $32,000. First Financial Corp IN purchased a new position in shares of iShares Core Total USD Bond Market ETF in the fourth quarter worth approximately $35,000. Finally, New Millennium Group LLC acquired a new stake in shares of iShares Core Total USD Bond Market ETF during the fourth quarter valued at approximately $38,000.

iShares Core Total USD Bond Market ETF Stock Performance

iShares Core Total USD Bond Market ETF stock opened at $45.88 on Wednesday. iShares Core Total USD Bond Market ETF has a 52 week low of $44.21 and a 52 week high of $47.44. The firm has a market capitalization of $32.63 billion, a price-to-earnings ratio of 10.90 and a beta of 0.15. The company has a 50 day moving average price of $45.53 and a 200 day moving average price of $45.92.

iShares Core Total USD Bond Market ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were issued a dividend of $0.1553 per share. This is an increase from iShares Core Total USD Bond Market ETF’s previous dividend of $0.15. The ex-dividend date of this dividend was Monday, March 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.