Cynosure Group LLC Invests $321,000 in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Cynosure Group LLC purchased a new stake in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 7,110 shares of the company’s stock, valued at approximately $321,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in IUSB. Charles Schwab Investment Management Inc. grew its position in shares of iShares Core Total USD Bond Market ETF by 39.1% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 9,548 shares of the company’s stock worth $450,000 after buying an additional 2,682 shares during the period. Captrust Financial Advisors grew its holdings in iShares Core Total USD Bond Market ETF by 99.1% in the third quarter. Captrust Financial Advisors now owns 107,538 shares of the company’s stock worth $5,067,000 after purchasing an additional 53,537 shares during the period. Flow Traders U.S. LLC bought a new position in shares of iShares Core Total USD Bond Market ETF during the third quarter valued at approximately $586,000. Edgestream Partners L.P. bought a new stake in shares of iShares Core Total USD Bond Market ETF in the 3rd quarter worth approximately $1,583,000. Finally, Benjamin Edwards Inc. purchased a new position in iShares Core Total USD Bond Market ETF during the third quarter valued at $986,000.

iShares Core Total USD Bond Market ETF Trading Down 0.0 %

iShares Core Total USD Bond Market ETF stock opened at $46.02 on Thursday. iShares Core Total USD Bond Market ETF has a 12 month low of $44.21 and a 12 month high of $47.44. The company has a market capitalization of $32.99 billion, a price-to-earnings ratio of 10.90 and a beta of 0.15. The business’s fifty day simple moving average is $45.73 and its two-hundred day simple moving average is $45.84.

iShares Core Total USD Bond Market ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, April 4th. Investors of record on Tuesday, April 1st will be given a $0.162 dividend. The ex-dividend date of this dividend is Tuesday, April 1st. This is a boost from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16. This represents a $1.94 annualized dividend and a yield of 4.22%.

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.