Commerce Bank Purchases New Stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Commerce Bank bought a new position in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 5,251 shares of the company’s stock, valued at approximately $247,000.

Several other institutional investors have also recently bought and sold shares of IUSB. Cetera Investment Advisers raised its stake in iShares Core Total USD Bond Market ETF by 129.9% during the first quarter. Cetera Investment Advisers now owns 8,653,706 shares of the company’s stock worth $394,522,000 after acquiring an additional 4,890,264 shares in the last quarter. CWM LLC raised its stake in 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 worth $1,004,854,000 after acquiring an additional 3,483,112 shares in the last quarter. Kestra Investment Management LLC acquired a new position in iShares Core Total USD Bond Market ETF during the second quarter worth about $128,756,000. Sanctuary Advisors LLC acquired a new position in iShares Core Total USD Bond Market ETF during the second quarter worth about $124,848,000. Finally, Mason & Associates LLC acquired a new position in iShares Core Total USD Bond Market ETF during the second quarter worth about $107,525,000.

iShares Core Total USD Bond Market ETF Price Performance

Shares of NASDAQ IUSB opened at $46.05 on Thursday. The stock has a 50-day moving average price of $46.21 and a two-hundred day moving average price of $45.99. 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 company also recently declared a monthly dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were issued a dividend of $0.1577 per share. This is a boost from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16. This represents a $1.89 annualized dividend and a dividend yield of 4.11%. The ex-dividend date was Friday, November 1st.

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.