Maripau Wealth Management LLC Sells 16,485 Shares of iShares Core Total USD Bond Market ETF $IUSB

Maripau Wealth Management LLC decreased its stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 26.8% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 45,105 shares of the company’s stock after selling 16,485 shares during the quarter. iShares Core Total USD Bond Market ETF makes up about 1.1% of Maripau Wealth Management LLC’s investment portfolio, making the stock its 24th largest position. Maripau Wealth Management LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $2,107,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently bought and sold shares of IUSB. Diversify Advisory Services LLC boosted its position in iShares Core Total USD Bond Market ETF by 11.3% in the third quarter. Diversify Advisory Services LLC now owns 159,983 shares of the company’s stock valued at $7,458,000 after buying an additional 16,301 shares in the last quarter. Firestone Capital Management grew its stake in iShares Core Total USD Bond Market ETF by 3.2% during the third quarter. Firestone Capital Management now owns 354,435 shares of the company’s stock worth $16,556,000 after buying an additional 10,921 shares during the last quarter. Acorn Wealth Advisors LLC acquired a new stake in shares of iShares Core Total USD Bond Market ETF during the third quarter worth approximately $624,000. B. Riley Wealth Advisors Inc. bought a new position in shares of iShares Core Total USD Bond Market ETF in the second quarter valued at approximately $6,423,000. Finally, First Command Advisory Services Inc. raised its stake in shares of iShares Core Total USD Bond Market ETF by 5.4% in the third quarter. First Command Advisory Services Inc. now owns 2,210,825 shares of the company’s stock valued at $103,268,000 after acquiring an additional 112,933 shares during the last quarter.

iShares Core Total USD Bond Market ETF Price Performance

Shares of IUSB opened at $46.34 on Tuesday. The company has a market capitalization of $34.85 billion, a P/E ratio of 10.80 and a beta of 0.26. iShares Core Total USD Bond Market ETF has a one year low of $44.74 and a one year high of $47.23. The business’s 50 day simple moving average is $46.72 and its 200-day simple moving average is $46.72.

iShares Core Total USD Bond Market ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were paid a $0.1573 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 4.1%.

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.