Range Financial Group LLC Makes New $1.81 Million Investment in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Range Financial Group LLC bought a new position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 39,990 shares of the company’s stock, valued at approximately $1,808,000.

A number of other large investors have also recently bought and sold shares of IUSB. LPL Financial LLC raised its holdings in shares of iShares Core Total USD Bond Market ETF by 20.3% during the third quarter. LPL Financial LLC now owns 39,330,716 shares of the company’s stock valued at $1,853,263,000 after buying an additional 6,632,679 shares during the last quarter. CWM LLC raised its holdings in shares of iShares Core Total USD Bond Market ETF by 19.5% during the third quarter. CWM LLC now owns 21,325,421 shares of the company’s stock valued at $1,004,854,000 after buying an additional 3,483,112 shares during the last quarter. Kestra Investment Management LLC bought a new stake in shares of iShares Core Total USD Bond Market ETF during the second quarter valued at approximately $128,756,000. Sanctuary Advisors LLC bought a new stake in shares of iShares Core Total USD Bond Market ETF during the second quarter valued at approximately $124,848,000. Finally, JPMorgan Chase & Co. raised its holdings in shares of iShares Core Total USD Bond Market ETF by 14.7% during the third quarter. JPMorgan Chase & Co. now owns 20,716,912 shares of the company’s stock valued at $976,181,000 after buying an additional 2,651,218 shares during the last quarter.

iShares Core Total USD Bond Market ETF Stock Performance

Shares of IUSB traded down $0.13 during mid-day trading on Tuesday, reaching $44.97. 2,472,950 shares of the company’s stock traded hands, compared to its average volume of 2,730,938. The business’s 50-day moving average price is $45.64 and its 200-day moving average price is $46.08. iShares Core Total USD Bond Market ETF has a 12 month low of $44.21 and a 12 month high of $47.44.

iShares Core Total USD Bond Market ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were paid a dividend of $0.1605 per share. This represents a $1.93 dividend on an annualized basis and a dividend yield of 4.28%. The ex-dividend date of this dividend was Wednesday, December 18th. This is a positive change from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16.

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.