Raymond James Financial Inc. Makes New Investment in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Raymond James Financial Inc. acquired 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 disclosure with the Securities and Exchange Commission. The fund acquired 4,070,347 shares of the company’s stock, valued at approximately $183,980,000. Raymond James Financial Inc. owned about 0.57% of iShares Core Total USD Bond Market ETF at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. SWAN Capital LLC bought a new stake in iShares Core Total USD Bond Market ETF in the 3rd quarter worth approximately $25,000. Synergy Investment Management LLC bought a new stake in iShares Core Total USD Bond Market ETF in the 4th quarter worth approximately $29,000. Peterson Financial Group Inc. bought a new stake in iShares Core Total USD Bond Market ETF in the 3rd quarter worth approximately $30,000. Darwin Wealth Management LLC bought a new stake in iShares Core Total USD Bond Market ETF in the 3rd quarter worth approximately $32,000. Finally, First Financial Corp IN bought a new position in shares of iShares Core Total USD Bond Market ETF during the 4th quarter valued at approximately $35,000.

iShares Core Total USD Bond Market ETF Stock Performance

NASDAQ IUSB opened at $45.83 on Friday. The company has a market cap of $32.60 billion, a P/E ratio of 16.77 and a beta of 0.15. The business’s 50 day moving average price is $45.43 and its 200-day moving average price is $45.98. iShares Core Total USD Bond Market ETF has a fifty-two week low of $44.21 and a fifty-two week high of $47.44.

iShares Core Total USD Bond Market ETF Increases Dividend

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

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.