Carmel Capital Partners LLC Purchases 23,871 Shares of iShares Core Total USD Bond Market ETF $IUSB

Carmel Capital Partners LLC acquired a new stake in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 23,871 shares of the company’s stock, valued at approximately $1,052,000.

Several other institutional investors have also added to or reduced their stakes in IUSB. GK Wealth Management LLC purchased a new stake in shares of iShares Core Total USD Bond Market ETF in the 3rd quarter worth about $26,000. Team Financial Group LLC purchased a new position in shares of iShares Core Total USD Bond Market ETF during the third quarter valued at about $27,000. JNBA Financial Advisors purchased a new position in shares of iShares Core Total USD Bond Market ETF during the second quarter valued at about $32,000. Financial Freedom LLC bought a new position in iShares Core Total USD Bond Market ETF in the first quarter worth about $45,000. Finally, Independence Bank of Kentucky bought a new position in iShares Core Total USD Bond Market ETF in the third quarter worth about $50,000.

iShares Core Total USD Bond Market ETF Price Performance

IUSB traded down $0.04 on Friday, hitting $44.94. The company had a trading volume of 5,678,346 shares, compared to its average volume of 5,290,708. iShares Core Total USD Bond Market ETF has a 52-week low of $43.75 and a 52-week high of $47.23. The stock has a fifty day simple moving average of $44.63 and a 200-day simple moving average of $45.76. The firm has a market capitalization of $50.33 billion, a P/E ratio of 10.80 and a beta of 0.27.

iShares Core Total USD Bond Market ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, November 5th. Investors of record on Monday, November 2nd were given a dividend of $0.1718 per share. This is a boost from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.1544. This represents a $2.06 annualized dividend and a dividend yield of 4.6%. The ex-dividend date was Monday, November 2nd.

About iShares Core Total USD Bond Market ETF

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.