iShares Core Total USD Bond Market ETF $IUSB Shares Sold by Bennett Associates Wealth Management

Bennett Associates Wealth Management reduced its stake in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 1.2% during the 2nd quarter, Holdings Channel.com reports. The firm owned 109,454 shares of the company’s stock after selling 1,300 shares during the quarter. iShares Core Total USD Bond Market ETF comprises approximately 3.9% of Bennett Associates Wealth Management’s holdings, making the stock its 10th biggest position. Bennett Associates Wealth Management’s holdings in iShares Core Total USD Bond Market ETF were worth $5,060,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of IUSB. LPL Financial LLC raised its position in iShares Core Total USD Bond Market ETF by 7.6% during the first quarter. LPL Financial LLC now owns 48,049,515 shares of the company’s stock valued at $2,214,122,000 after acquiring an additional 3,402,819 shares in the last quarter. Jones Financial Companies Lllp boosted its position in iShares Core Total USD Bond Market ETF by 3.1% in the 1st quarter. Jones Financial Companies Lllp now owns 62,382,141 shares of the company’s stock worth $2,868,351,000 after purchasing an additional 1,856,559 shares in the last quarter. Baker Avenue Asset Management LP acquired a new stake in shares of iShares Core Total USD Bond Market ETF during the 1st quarter worth approximately $56,347,000. Sofi Wealth LLC grew its stake in shares of iShares Core Total USD Bond Market ETF by 4,501.0% during the 1st quarter. Sofi Wealth LLC now owns 1,241,951 shares of the company’s stock worth $57,229,000 after purchasing an additional 1,214,958 shares during the period. Finally, Northwestern Mutual Wealth Management Co. increased its holdings in shares of iShares Core Total USD Bond Market ETF by 5.2% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 22,986,670 shares of the company’s stock valued at $1,059,226,000 after purchasing an additional 1,127,521 shares in the last quarter.

iShares Core Total USD Bond Market ETF Price Performance

IUSB opened at $46.57 on Tuesday. The firm has a fifty day moving average price of $46.44 and a 200 day moving average price of $45.95. iShares Core Total USD Bond Market ETF has a 1 year low of $44.67 and a 1 year high of $47.03. The stock has a market cap of $33.01 billion, a P/E ratio of 10.80 and a beta of 0.15.

iShares Core Total USD Bond Market ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, October 6th. Shareholders of record on Wednesday, October 1st were given a $0.1668 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%. This is an increase from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16. The ex-dividend date was Wednesday, October 1st.

iShares Core Total USD Bond Market ETF 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.