Lido Advisors LLC Takes Position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Lido Advisors LLC bought a new position in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) during the fourth quarter, HoldingsChannel reports. The institutional investor bought 8,243 shares of the company’s stock, valued at approximately $373,000.

A number of other hedge funds have also recently bought and sold shares of the company. Synergy Investment Management LLC acquired a new position in iShares Core Total USD Bond Market ETF in the 4th quarter worth approximately $29,000. First Financial Corp IN acquired a new stake in iShares Core Total USD Bond Market ETF during the 4th quarter worth about $35,000. New Millennium Group LLC purchased a new position in iShares Core Total USD Bond Market ETF during the 4th quarter valued at about $38,000. OLD Second National Bank of Aurora increased its holdings in shares of iShares Core Total USD Bond Market ETF by 99,900.0% in the 4th quarter. OLD Second National Bank of Aurora now owns 1,000 shares of the company’s stock valued at $45,000 after purchasing an additional 999 shares during the period. Finally, National Bank of Canada FI purchased a new stake in shares of iShares Core Total USD Bond Market ETF in the fourth quarter worth approximately $45,000.

iShares Core Total USD Bond Market ETF Stock Performance

IUSB stock opened at $45.53 on Tuesday. The stock has a market cap of $32.77 billion, a P/E ratio of 10.76 and a beta of 0.15. The firm has a 50 day simple moving average of $45.78 and a 200 day simple moving average of $45.63. iShares Core Total USD Bond Market ETF has a 52 week low of $44.59 and a 52 week high of $47.44.

iShares Core Total USD Bond Market ETF Increases Dividend

The company also recently announced a dividend, which will be paid on Tuesday, May 6th. Shareholders of record on Thursday, May 1st will be given a $0.1612 dividend. This is a positive change from iShares Core Total USD Bond Market ETF’s previous dividend of $0.16. The ex-dividend date of this dividend is Thursday, May 1st.

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.