Keyvantage Wealth LLC Sells 5,724 Shares of iShares Core Total USD Bond Market ETF $IUSB

Keyvantage Wealth LLC lowered its holdings in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 12.8% in the second quarter, HoldingsChannel.com reports. The firm owned 39,054 shares of the company’s stock after selling 5,724 shares during the quarter. iShares Core Total USD Bond Market ETF comprises approximately 0.8% of Keyvantage Wealth LLC’s holdings, making the stock its 23rd biggest holding. Keyvantage Wealth LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $1,805,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently made changes to their positions in IUSB. Sculati Wealth Management LLC bought a new position in shares of iShares Core Total USD Bond Market ETF during the second quarter worth approximately $620,000. Foundations Investment Advisors LLC grew its position in iShares Core Total USD Bond Market ETF by 9.6% during the second quarter. Foundations Investment Advisors LLC now owns 3,325,866 shares of the company’s stock worth $153,755,000 after buying an additional 290,902 shares in the last quarter. Ignite Planners LLC grew its position in iShares Core Total USD Bond Market ETF by 6.4% during the second quarter. Ignite Planners LLC now owns 108,950 shares of the company’s stock worth $4,987,000 after buying an additional 6,559 shares in the last quarter. Wealth Alliance LLC increased its stake in iShares Core Total USD Bond Market ETF by 0.3% during the 2nd quarter. Wealth Alliance LLC now owns 510,224 shares of the company’s stock worth $23,588,000 after acquiring an additional 1,637 shares during the period. Finally, Advyzon Investment Management LLC raised its holdings in iShares Core Total USD Bond Market ETF by 28.9% in the 2nd quarter. Advyzon Investment Management LLC now owns 19,232 shares of the company’s stock valued at $889,000 after acquiring an additional 4,307 shares in the last quarter.

iShares Core Total USD Bond Market ETF Stock Performance

NASDAQ:IUSB opened at $46.59 on Friday. The company has a market cap of $33.12 billion, a price-to-earnings ratio of 10.80 and a beta of 0.26. 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 stock has a fifty day moving average price of $46.79 and a 200-day moving average price of $46.18.

iShares Core Total USD Bond Market ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, November 6th. Stockholders of record on Monday, November 3rd were given a $0.1643 dividend. The ex-dividend date was Monday, November 3rd. This represents a c) annualized dividend and a dividend yield of 4.2%.

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.