IUSB Stock Summary and Trading Ideas (iShares Core Total USD Bond Market ETF | NASDAQ:IUSB)

The iShares Core Total USD Bond Market ETF seeks to track the investment results of an index composed of U.S. dollar-denominated bonds that are rated either investment grade or high-yield. Access to potentially higher yielding bond categories not included in the U.S. Aggregate Bond Index. Low cost, comprehensive exposure to the broad U.S. dollar-denominated bond market.

iShares Core Total USD Bond Market ETF trades on the NASDAQ stock market under the symbol IUSB.

As of April 19, 2024, IUSB stock price climbed to $44.48 with 630,591 million shares trading.

IUSB has a beta of 0.31, meaning it tends to be less sensitive to market movements. IUSB has a correlation of 0.32 to the broad based SPY ETF.

IUSB has a market cap of $27.52 billion. This is considered a Large Cap stock.

In the last 3 years, IUSB stock traded as high as $54.09 and as low as $42.56.

IUSB has underperformed the market in the last year with a return of +0.3%, while the SPY ETF gained +21.9%. In the last 3 month period, IUSB fell short of the market, returning -1.7%, while SPY returned +4.9%. However, in the most recent 2 weeks IUSB has outperformed the stock market by returning -1.7%, while SPY returned -2.9%.

IUSB support price is $44.23 and resistance is $44.57 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that IUSB stock will trade within this expected range on the day.