Oppenheimer & Co. Inc. Makes New Investment in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Oppenheimer & Co. Inc. bought a new stake in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 4,608 shares of the company’s stock, valued at approximately $208,000.

A number of other hedge funds have also made changes to their positions in the company. Kovack Advisors Inc. raised its holdings in shares of iShares Core Total USD Bond Market ETF by 13.6% during the fourth quarter. Kovack Advisors Inc. now owns 6,310 shares of the company’s stock valued at $285,000 after acquiring an additional 753 shares during the last quarter. Magnolia Private Wealth LLC acquired a new position in shares of iShares Core Total USD Bond Market ETF during the fourth quarter valued at approximately $243,000. Sofi Wealth LLC acquired a new position in shares of iShares Core Total USD Bond Market ETF during the fourth quarter valued at approximately $1,220,000. IFP Advisors Inc raised its holdings in shares of iShares Core Total USD Bond Market ETF by 8.6% during the fourth quarter. IFP Advisors Inc now owns 126,956 shares of the company’s stock valued at $5,738,000 after acquiring an additional 10,088 shares during the last quarter. Finally, Genesis Wealth Advisors LLC acquired a new position in shares of iShares Core Total USD Bond Market ETF during the fourth quarter valued at approximately $574,000.

iShares Core Total USD Bond Market ETF Price Performance

Shares of iShares Core Total USD Bond Market ETF stock opened at $45.83 on Monday. The business has a 50 day simple moving average of $45.43 and a two-hundred day simple moving average of $45.96. iShares Core Total USD Bond Market ETF has a 12 month low of $44.21 and a 12 month high of $47.44. The stock has a market capitalization of $32.60 billion, a P/E ratio of 16.77 and a beta of 0.15.

iShares Core Total USD Bond Market ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were issued a $0.1553 dividend. The ex-dividend date of this dividend was Monday, March 3rd. This is a boost from iShares Core Total USD Bond Market ETF’s previous dividend of $0.15.

iShares Core Total USD Bond Market ETF 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.