Range Financial Group LLC Acquires New Stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Range Financial Group LLC acquired a new stake in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) during the fourth quarter, Holdings Channel reports. The firm acquired 39,990 shares of the company’s stock, valued at approximately $1,808,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. grew its position in iShares Core Total USD Bond Market ETF by 39.1% in the third quarter. Charles Schwab Investment Management Inc. now owns 9,548 shares of the company’s stock worth $450,000 after buying an additional 2,682 shares during the last quarter. Creative Planning boosted its stake in iShares Core Total USD Bond Market ETF by 8.0% in the 3rd quarter. Creative Planning now owns 54,714 shares of the company’s stock worth $2,578,000 after purchasing an additional 4,037 shares during the period. Alternative Investment Advisors LLC. acquired a new position in iShares Core Total USD Bond Market ETF in the 2nd quarter worth approximately $1,995,000. RFG Advisory LLC boosted its stake in iShares Core Total USD Bond Market ETF by 14.8% in the 3rd quarter. RFG Advisory LLC now owns 466,345 shares of the company’s stock worth $21,974,000 after purchasing an additional 60,166 shares during the period. Finally, Beaird Harris Wealth Management LLC boosted its stake in shares of iShares Core Total USD Bond Market ETF by 168.4% during the 3rd quarter. Beaird Harris Wealth Management LLC now owns 942 shares of the company’s stock valued at $44,000 after buying an additional 591 shares during the period.

iShares Core Total USD Bond Market ETF Trading Down 0.3 %

Shares of NASDAQ:IUSB traded down $0.13 during trading on Tuesday, reaching $44.97. 2,472,950 shares of the company traded hands, compared to its average volume of 2,730,938. The firm has a fifty day simple moving average of $45.64 and a 200 day simple moving average of $46.08. iShares Core Total USD Bond Market ETF has a 1-year low of $44.21 and a 1-year high of $47.44.

iShares Core Total USD Bond Market ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were paid a dividend of $0.1605 per share. The ex-dividend date was Wednesday, December 18th. This represents a $1.93 dividend on an annualized basis and a dividend yield of 4.28%. 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 Company 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.