Cadence Bank Has $251,000 Holdings in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Cadence Bank grew its holdings in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 5.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 5,332 shares of the company’s stock after purchasing an additional 280 shares during the quarter. Cadence Bank’s holdings in iShares Core Total USD Bond Market ETF were worth $251,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the business. Abich Financial Wealth Management LLC bought a new stake in iShares Core Total USD Bond Market ETF in the third quarter valued at about $25,000. Peterson Financial Group Inc. acquired a new position in shares of iShares Core Total USD Bond Market ETF during the 3rd quarter worth about $30,000. Evermay Wealth Management LLC bought a new stake in shares of iShares Core Total USD Bond Market ETF in the 3rd quarter valued at about $31,000. Darwin Wealth Management LLC bought a new stake in shares of iShares Core Total USD Bond Market ETF in the 3rd quarter valued at about $32,000. Finally, Scarborough Advisors LLC raised its position in shares of iShares Core Total USD Bond Market ETF by 120.7% in the 2nd quarter. Scarborough Advisors LLC now owns 865 shares of the company’s stock valued at $39,000 after acquiring an additional 473 shares during the period.

iShares Core Total USD Bond Market ETF Stock Performance

Shares of NASDAQ IUSB opened at $46.05 on Friday. 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 50 day moving average price of $46.19 and a 200 day moving average price of $45.99.

iShares Core Total USD Bond Market ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were issued a $0.1577 dividend. This is a positive change from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16. The ex-dividend date was Friday, November 1st. This represents a $1.89 annualized dividend and a dividend yield of 4.11%.

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.