iShares Core Total USD Bond Market ETF $IUSB Shares Sold by Pinion Investment Advisors LLC

Pinion Investment Advisors LLC trimmed its stake in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 33.6% during the second quarter, Holdings Channel reports. The firm owned 57,444 shares of the company’s stock after selling 29,116 shares during the period. iShares Core Total USD Bond Market ETF comprises about 0.9% of Pinion Investment Advisors LLC’s holdings, making the stock its 24th largest position. Pinion Investment Advisors LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $2,656,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in IUSB. CX Institutional acquired a new stake in iShares Core Total USD Bond Market ETF in the 1st quarter valued at approximately $41,000. AlphaCore Capital LLC acquired a new stake in iShares Core Total USD Bond Market ETF in the 1st quarter valued at approximately $47,000. N.E.W. Advisory Services LLC acquired a new stake in iShares Core Total USD Bond Market ETF in the 1st quarter valued at approximately $50,000. NorthRock Partners LLC increased its position in iShares Core Total USD Bond Market ETF by 379.1% in the 1st quarter. NorthRock Partners LLC now owns 1,418 shares of the company’s stock valued at $65,000 after acquiring an additional 1,122 shares during the period. Finally, Quest 10 Wealth Builders Inc. increased its position in iShares Core Total USD Bond Market ETF by 233.9% in the 1st quarter. Quest 10 Wealth Builders Inc. now owns 1,666 shares of the company’s stock valued at $77,000 after acquiring an additional 1,167 shares during the period.

iShares Core Total USD Bond Market ETF Price Performance

IUSB opened at $46.60 on Friday. iShares Core Total USD Bond Market ETF has a 12 month low of $44.67 and a 12 month high of $47.03. The stock has a market cap of $33.03 billion, a P/E ratio of 10.80 and a beta of 0.15. The stock’s 50 day moving average price is $46.48 and its 200 day moving average price is $45.96.

iShares Core Total USD Bond Market ETF Increases Dividend

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

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.