Stonebrook Private Inc. Makes New Investment in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Posted by Gary Stephens on Apr 28th, 2024

Stonebrook Private Inc. purchased a new position in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB – Free Report) during the fourth quarter, HoldingsChannel.com reports. The fund purchased 159,477 shares of the company’s stock, valued at approximately $7,347,000. iShares Core Total USD Bond Market ETF accounts for 2.5% of Stonebrook Private Inc.’s portfolio, making the stock its 8th largest holding.

A number of other hedge funds also recently made changes to their positions in IUSB. Parkside Financial Bank & Trust acquired a new stake in iShares Core Total USD Bond Market ETF during the 4th quarter worth approximately $27,000. Planned Solutions Inc. purchased a new stake in iShares Core Total USD Bond Market ETF during the fourth quarter worth approximately $28,000. Simplex Trading LLC acquired a new stake in shares of iShares Core Total USD Bond Market ETF in the fourth quarter worth $30,000. Asset Dedication LLC purchased a new stake in iShares Core Total USD Bond Market ETF during the 3rd quarter worth $37,000. Finally, Whittier Trust Co. of Nevada Inc. purchased a new position in iShares Core Total USD Bond Market ETF in the fourth quarter valued at about $43,000.

iShares Core Total USD Bond Market ETF Price Performance

Shares of NASDAQ IUSB traded up $0.11 on Friday, hitting $44.45. The company had a trading volume of 1,716,656 shares, compared to its average volume of 3,361,376. iShares Core Total USD Bond Market ETF has a 12-month low of $42.56 and a 12-month high of $46.40. The business has a 50 day moving average of $45.11 and a two-hundred day moving average of $44.93.

iShares Core Total USD Bond Market ETF Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Friday, April 5th. Shareholders of record on Tuesday, April 2nd were issued a $0.1503 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 4.06%. The ex-dividend date was Monday, April 1st.

iShares Core Total USD Bond Market ETF Profile

(Free Report)

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.