Gilbert & Cook Inc. Invests $205,000 in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Gilbert & Cook Inc. purchased a new position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 4,344 shares of the company’s stock, valued at approximately $205,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. LGT Financial Advisors LLC lifted its position in shares of iShares Core Total USD Bond Market ETF by 18.2% in the 3rd quarter. LGT Financial Advisors LLC now owns 1,421 shares of the company’s stock worth $67,000 after purchasing an additional 219 shares during the period. McAdam LLC lifted its position in shares of iShares Core Total USD Bond Market ETF by 2.0% during the 2nd quarter. McAdam LLC now owns 11,797 shares of the company’s stock valued at $533,000 after acquiring an additional 227 shares during the period. Kovack Advisors Inc. lifted its position in shares of iShares Core Total USD Bond Market ETF by 4.3% during the 3rd quarter. Kovack Advisors Inc. now owns 5,557 shares of the company’s stock valued at $262,000 after acquiring an additional 227 shares during the period. Snider Financial Group lifted its position in shares of iShares Core Total USD Bond Market ETF by 3.3% during the 3rd quarter. Snider Financial Group now owns 7,521 shares of the company’s stock valued at $354,000 after acquiring an additional 238 shares during the period. Finally, Bush Investment Group LLC lifted its position in shares of iShares Core Total USD Bond Market ETF by 0.4% during the 1st quarter. Bush Investment Group LLC now owns 57,356 shares of the company’s stock valued at $2,615,000 after acquiring an additional 245 shares during the period.

iShares Core Total USD Bond Market ETF Stock Performance

iShares Core Total USD Bond Market ETF stock opened at $45.52 on Monday. iShares Core Total USD Bond Market ETF has a 12-month low of $44.08 and a 12-month high of $47.44. The firm’s fifty day moving average is $46.46 and its 200 day moving average is $45.95.

iShares Core Total USD Bond Market ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, November 6th. Investors 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 4.16%. The ex-dividend date of this dividend was Friday, November 1st. This is an increase 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.