iShares Core Total USD Bond Market ETF $IUSB Shares Sold by Mcmorgan & Co. LLC

Mcmorgan & Co. LLC reduced its stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 22.8% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,247,471 shares of the company’s stock after selling 367,668 shares during the quarter. iShares Core Total USD Bond Market ETF comprises 9.3% of Mcmorgan & Co. LLC’s holdings, making the stock its 3rd largest holding. Mcmorgan & Co. LLC owned about 0.16% of iShares Core Total USD Bond Market ETF worth $57,621,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also bought and sold shares of the company. AQR Capital Management LLC lifted its stake in shares of iShares Core Total USD Bond Market ETF by 9.9% in the 1st quarter. AQR Capital Management LLC now owns 60,249 shares of the company’s stock valued at $2,776,000 after purchasing an additional 5,416 shares during the period. Goldman Sachs Group Inc. lifted its position in shares of iShares Core Total USD Bond Market ETF by 40.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 191,332 shares of the company’s stock valued at $8,817,000 after acquiring an additional 55,360 shares during the period. M&T Bank Corp acquired a new position in shares of iShares Core Total USD Bond Market ETF during the 2nd quarter valued at $335,000. Brown Advisory Inc. bought a new position in iShares Core Total USD Bond Market ETF during the second quarter worth $246,000. Finally, Qube Research & Technologies Ltd bought a new position in iShares Core Total USD Bond Market ETF during the second quarter worth $167,000.

iShares Core Total USD Bond Market ETF Trading Up 0.2%

NASDAQ:IUSB opened at $45.77 on Thursday. iShares Core Total USD Bond Market ETF has a 12 month low of $45.47 and a 12 month high of $47.23. The stock has a market capitalization of $42.85 billion, a price-to-earnings ratio of 10.80 and a beta of 0.26. The firm has a fifty day simple moving average of $45.96 and a two-hundred day simple moving average of $46.33.

iShares Core Total USD Bond Market ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st were given a dividend of $0.164 per share. This is a boost from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.15. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%.

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.