Centurion Wealth Management LLC Cuts Stake in iShares Core Total USD Bond Market ETF $IUSB

Centurion Wealth Management LLC lessened its stake in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 8.6% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 154,756 shares of the company’s stock after selling 14,539 shares during the quarter. iShares Core Total USD Bond Market ETF makes up about 1.6% of Centurion Wealth Management LLC’s portfolio, making the stock its 12th largest position. Centurion Wealth Management LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $7,229,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. CW Advisors LLC bought a new stake in shares of iShares Core Total USD Bond Market ETF in the 1st quarter worth approximately $918,000. Ameriprise Financial Inc. increased its position in iShares Core Total USD Bond Market ETF by 4.3% in the first quarter. Ameriprise Financial Inc. now owns 10,859,467 shares of the company’s stock worth $500,344,000 after buying an additional 450,361 shares during the last quarter. Barnes Wealth Management Group Inc raised its stake in shares of iShares Core Total USD Bond Market ETF by 3.2% in the first quarter. Barnes Wealth Management Group Inc now owns 185,101 shares of the company’s stock valued at $8,529,000 after buying an additional 5,768 shares during the period. Compound Planning Inc. lifted its position in shares of iShares Core Total USD Bond Market ETF by 9.8% during the 1st quarter. Compound Planning Inc. now owns 476,154 shares of the company’s stock valued at $21,941,000 after buying an additional 42,390 shares during the last quarter. Finally, Kestra Advisory Services LLC grew its stake in shares of iShares Core Total USD Bond Market ETF by 95.1% during the 1st quarter. Kestra Advisory Services LLC now owns 1,335,826 shares of the company’s stock worth $61,555,000 after acquiring an additional 651,131 shares during the period.

iShares Core Total USD Bond Market ETF Stock Performance

Shares of IUSB opened at $46.52 on Friday. iShares Core Total USD Bond Market ETF has a fifty-two week low of $44.67 and a fifty-two week high of $47.20. The business has a 50-day moving average of $46.79 and a 200 day moving average of $46.39. The firm has a market cap of $33.07 billion, a P/E ratio of 10.80 and a beta of 0.26.

iShares Core Total USD Bond Market ETF Increases Dividend

The firm also recently declared a monthly dividend, which will be paid on Wednesday, December 24th. Investors of record on Friday, December 19th will be paid a dividend of $0.1648 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date is Friday, December 19th. This is an increase from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16.

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.