Spire Wealth Management Reduces Stock Position in iShares Core Total USD Bond Market ETF $IUSB

Spire Wealth Management decreased its position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 2.8% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 454,080 shares of the company’s stock after selling 13,256 shares during the quarter. iShares Core Total USD Bond Market ETF comprises about 0.7% of Spire Wealth Management’s holdings, making the stock its 29th largest position. Spire Wealth Management owned 0.06% of iShares Core Total USD Bond Market ETF worth $21,133,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Jones Financial Companies Lllp grew its holdings in shares of iShares Core Total USD Bond Market ETF by 6.9% during the third quarter. Jones Financial Companies Lllp now owns 71,364,109 shares of the company’s stock worth $3,327,011,000 after buying an additional 4,589,650 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in shares of iShares Core Total USD Bond Market ETF by 8.1% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 26,298,023 shares of the company’s stock valued at $1,228,381,000 after buying an additional 1,980,869 shares during the period. JPMorgan Chase & Co. boosted its position in iShares Core Total USD Bond Market ETF by 4.9% during the third quarter. JPMorgan Chase & Co. now owns 19,693,393 shares of the company’s stock worth $919,878,000 after acquiring an additional 911,004 shares during the last quarter. Mariner LLC boosted its position in iShares Core Total USD Bond Market ETF by 11.5% during the third quarter. Mariner LLC now owns 14,004,882 shares of the company’s stock worth $654,168,000 after acquiring an additional 1,449,320 shares during the last quarter. Finally, Ameriprise Financial Inc. grew its stake in iShares Core Total USD Bond Market ETF by 1.2% in the 3rd quarter. Ameriprise Financial Inc. now owns 11,066,646 shares of the company’s stock worth $516,686,000 after acquiring an additional 131,323 shares during the period.

iShares Core Total USD Bond Market ETF Stock Performance

Shares of IUSB opened at $45.87 on Friday. iShares Core Total USD Bond Market ETF has a fifty-two week low of $44.74 and a fifty-two week high of $47.23. The company has a market capitalization of $34.49 billion, a PE ratio of 10.80 and a beta of 0.26. The stock has a fifty day moving average of $46.62 and a two-hundred day moving average of $46.69.

iShares Core Total USD Bond Market ETF Cuts Dividend

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

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.