Galvin Gaustad & Stein LLC Has $10.12 Million Stock Position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Galvin Gaustad & Stein LLC raised its stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 8.5% during the 3rd quarter, Holdings Channel reports. The fund owned 214,675 shares of the company’s stock after acquiring an additional 16,744 shares during the period. Galvin Gaustad & Stein LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $10,115,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently bought and sold shares of the company. Cetera Investment Advisers grew its position in shares of iShares Core Total USD Bond Market ETF by 129.9% in the first quarter. Cetera Investment Advisers now owns 8,653,706 shares of the company’s stock valued at $394,522,000 after purchasing an additional 4,890,264 shares during the last quarter. CWM LLC grew its holdings in iShares Core Total USD Bond Market ETF by 19.5% in the 3rd quarter. CWM LLC now owns 21,325,421 shares of the company’s stock valued at $1,004,854,000 after buying an additional 3,483,112 shares in the last quarter. Kestra Investment Management LLC bought a new position in iShares Core Total USD Bond Market ETF during the 2nd quarter worth $128,756,000. Sanctuary Advisors LLC acquired a new stake in shares of iShares Core Total USD Bond Market ETF during the second quarter worth $124,848,000. Finally, Mason & Associates LLC bought a new stake in shares of iShares Core Total USD Bond Market ETF in the second quarter valued at about $107,525,000.

iShares Core Total USD Bond Market ETF Stock Performance

IUSB stock opened at $45.90 on Friday. iShares Core Total USD Bond Market ETF has a 52 week low of $43.44 and a 52 week high of $47.44. The company’s 50-day simple moving average is $46.58 and its 200 day simple moving average is $45.89.

iShares Core Total USD Bond Market ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were given a dividend of $0.1577 per share. This represents a $1.89 dividend on an annualized basis and a dividend yield of 4.12%. The ex-dividend date was Friday, November 1st. This is a positive change from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16.

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.