Commerce Bank Invests $247,000 in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

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

Several other hedge funds also recently made changes to their positions in the business. Creative Planning grew its stake in shares of iShares Core Total USD Bond Market ETF by 8.0% in the third quarter. Creative Planning now owns 54,714 shares of the company’s stock valued at $2,578,000 after buying an additional 4,037 shares in the last quarter. McAdam LLC grew its stake in shares of iShares Core Total USD Bond Market ETF by 2.0% in the second quarter. McAdam LLC now owns 11,797 shares of the company’s stock valued at $533,000 after buying an additional 227 shares in the last quarter. Western Wealth Management LLC boosted its position in iShares Core Total USD Bond Market ETF by 1.5% during the second quarter. Western Wealth Management LLC now owns 40,141 shares of the company’s stock worth $1,815,000 after purchasing an additional 597 shares during the period. Alternative Investment Advisors LLC. bought a new position in iShares Core Total USD Bond Market ETF during the second quarter worth $1,995,000. Finally, RFG Advisory LLC boosted its position in iShares Core Total USD Bond Market ETF by 14.8% during the third quarter. RFG Advisory LLC now owns 466,345 shares of the company’s stock worth $21,974,000 after purchasing an additional 60,166 shares during the period.

iShares Core Total USD Bond Market ETF Stock Up 0.3 %

IUSB stock opened at $46.05 on Thursday. The company has a fifty 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 one year low of $44.21 and a one year high of $47.44.

iShares Core Total USD Bond Market ETF Increases Dividend

The company also recently announced 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. The ex-dividend date was Friday, November 1st. This represents a $1.89 dividend on an annualized basis and a dividend yield of 4.11%. This is an increase from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16.

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.