iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) Reaches New 12-Month High at $46.97

iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) hit a new 52-week high on Thursday . The company traded as high as $46.97 and last traded at $46.95, with a volume of 12318 shares. The stock had previously closed at $46.85.

iShares Core Total USD Bond Market ETF Price Performance

The business has a 50 day moving average price of $46.12 and a 200-day moving average price of $45.46.

iShares Core Total USD Bond Market ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were issued a dividend of $0.1569 per share. The ex-dividend date of this dividend was Tuesday, September 3rd.

Hedge Funds Weigh In On iShares Core Total USD Bond Market ETF

Institutional investors and hedge funds have recently made changes to their positions in the stock. Sanctuary Advisors LLC bought a new position in iShares Core Total USD Bond Market ETF in the second quarter worth approximately $124,848,000. Kestra Investment Management LLC acquired a new position in iShares Core Total USD Bond Market ETF during the second quarter worth $128,756,000. New Century Financial Group LLC lifted its stake in shares of iShares Core Total USD Bond Market ETF by 58.9% in the second quarter. New Century Financial Group LLC now owns 8,671 shares of the company’s stock valued at $392,000 after buying an additional 3,213 shares in the last quarter. Cetera Investment Advisers grew its holdings in shares of iShares Core Total USD Bond Market ETF by 3.6% in the second quarter. Cetera Investment Advisers now owns 8,963,758 shares of the company’s stock valued at $405,341,000 after acquiring an additional 310,052 shares in the last quarter. Finally, Truist Financial Corp increased its position in shares of iShares Core Total USD Bond Market ETF by 10.7% during the second quarter. Truist Financial Corp now owns 1,212,528 shares of the company’s stock valued at $54,830,000 after acquiring an additional 117,684 shares during the last quarter.

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.