iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) Position Lifted by UNIVEST FINANCIAL Corp

UNIVEST FINANCIAL Corp raised its stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 44.3% during the 4th quarter, Holdings Channel.com reports. The firm owned 746,932 shares of the company’s stock after buying an additional 229,339 shares during the quarter. iShares Core Total USD Bond Market ETF accounts for 2.1% of UNIVEST FINANCIAL Corp’s investment portfolio, making the stock its 10th biggest holding. UNIVEST FINANCIAL Corp’s holdings in iShares Core Total USD Bond Market ETF were worth $33,761,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. SWAN Capital LLC purchased a new stake in shares of iShares Core Total USD Bond Market ETF in the third quarter worth about $25,000. Synergy Investment Management LLC purchased a new position in iShares Core Total USD Bond Market ETF during the fourth quarter worth about $29,000. First Financial Corp IN purchased a new position in shares of iShares Core Total USD Bond Market ETF during the 4th quarter worth $35,000. New Millennium Group LLC purchased a new stake in iShares Core Total USD Bond Market ETF in the fourth quarter valued at approximately $38,000. Finally, Beaird Harris Wealth Management LLC increased its stake in 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 worth $44,000 after buying an additional 591 shares during the period.

iShares Core Total USD Bond Market ETF Price Performance

NASDAQ:IUSB opened at $45.88 on Wednesday. The business’s fifty day moving average price is $45.64 and its 200 day moving average price is $45.89. iShares Core Total USD Bond Market ETF has a 12 month low of $44.21 and a 12 month high of $47.44. The firm has a market capitalization of $32.63 billion, a PE ratio of 10.90 and a beta of 0.15.

iShares Core Total USD Bond Market ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were paid a $0.1553 dividend. This is an increase from iShares Core Total USD Bond Market ETF’s previous dividend of $0.15. The ex-dividend date was Monday, March 3rd.

iShares Core Total USD Bond Market ETF 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.