iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) Sees Unusually-High Trading Volume

iShares Core Total USD Bond Market ETF (NASDAQ:IUSB – Get Rating) saw strong trading volume on Friday . 6,513,787 shares changed hands during mid-day trading, an increase of 128% from the previous session’s volume of 2,852,744 shares.The stock last traded at $46.08 and had previously closed at $45.64.

iShares Core Total USD Bond Market ETF Stock Up 0.7 %

The firm has a 50 day moving average price of $45.76 and a 200-day moving average price of $45.25.

iShares Core Total USD Bond Market ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, March 7th. Investors of record on Thursday, March 2nd were given a dividend of $0.122 per share. This represents a $1.46 annualized dividend and a yield of 3.19%. The ex-dividend date of this dividend was Wednesday, March 1st.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of IUSB. Envestnet Asset Management Inc. raised its position in iShares Core Total USD Bond Market ETF by 17.7% during the fourth quarter. Envestnet Asset Management Inc. now owns 100,358,355 shares of the company’s stock valued at $4,509,101,000 after acquiring an additional 15,081,042 shares in the last quarter. CFS Investment Advisory Services LLC raised its position in iShares Core Total USD Bond Market ETF by 4,558.1% during the third quarter. CFS Investment Advisory Services LLC now owns 13,418,130 shares of the company’s stock valued at $302,000 after acquiring an additional 13,130,071 shares in the last quarter. Wells Fargo & Company MN raised its position in iShares Core Total USD Bond Market ETF by 12.8% during the second quarter. Wells Fargo & Company MN now owns 30,856,323 shares of the company’s stock valued at $1,444,693,000 after acquiring an additional 3,513,541 shares in the last quarter. Cetera Investment Advisers grew its holdings in iShares Core Total USD Bond Market ETF by 585.2% in the fourth quarter. Cetera Investment Advisers now owns 3,421,227 shares of the company’s stock valued at $153,716,000 after purchasing an additional 2,921,893 shares during the period. Finally, LPL Financial LLC grew its holdings in iShares Core Total USD Bond Market ETF by 16.9% in the fourth quarter. LPL Financial LLC now owns 20,028,774 shares of the company’s stock valued at $899,893,000 after purchasing an additional 2,900,697 shares during the period.

About iShares Core Total USD Bond Market ETF

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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.