iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) Raises Dividend to $0.16 Per Share

iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) declared a monthly dividend on Monday, March 31st, NASDAQ Dividends reports. Stockholders of record on Tuesday, April 1st will be given a dividend of 0.162 per share on Friday, April 4th. This represents a $1.94 annualized dividend and a dividend yield of 4.22%. The ex-dividend date is Tuesday, April 1st. This is a 0.9% increase from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16.

iShares Core Total USD Bond Market ETF Price Performance

IUSB stock traded down $0.04 during midday trading on Tuesday, reaching $46.04. 2,029,926 shares of the company’s stock traded hands, compared to its average volume of 3,004,880. iShares Core Total USD Bond Market ETF has a fifty-two week low of $44.21 and a fifty-two week high of $47.44. The business has a 50-day moving average price of $45.70 and a two-hundred day moving average price of $45.85. The company has a market capitalization of $32.75 billion, a P/E ratio of 10.90 and a beta of 0.15.

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.