Lansing Street Advisors Cuts Position in iShares Core Total USD Bond Market ETF $IUSB

Lansing Street Advisors trimmed its stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 82.5% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 16,320 shares of the company’s stock after selling 77,085 shares during the period. Lansing Street Advisors’ holdings in iShares Core Total USD Bond Market ETF were worth $762,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in IUSB. Team Financial Group LLC raised its holdings in iShares Core Total USD Bond Market ETF by 54.4% in the third quarter. Team Financial Group LLC now owns 619 shares of the company’s stock worth $29,000 after purchasing an additional 218 shares in the last quarter. Snider Financial Group grew its position in shares of iShares Core Total USD Bond Market ETF by 3.6% in the 3rd quarter. Snider Financial Group now owns 6,580 shares of the company’s stock worth $307,000 after buying an additional 231 shares during the last quarter. Leavell Investment Management Inc. grew its position in shares of iShares Core Total USD Bond Market ETF by 0.6% in the 3rd quarter. Leavell Investment Management Inc. now owns 40,535 shares of the company’s stock worth $1,893,000 after buying an additional 240 shares during the last quarter. Linscomb Wealth Inc. raised its stake in shares of iShares Core Total USD Bond Market ETF by 0.8% during the 3rd quarter. Linscomb Wealth Inc. now owns 31,738 shares of the company’s stock worth $1,482,000 after acquiring an additional 264 shares in the last quarter. Finally, Key Financial Inc lifted its position in iShares Core Total USD Bond Market ETF by 30.2% during the second quarter. Key Financial Inc now owns 1,185 shares of the company’s stock valued at $55,000 after acquiring an additional 275 shares during the last quarter.

iShares Core Total USD Bond Market ETF Stock Up 0.1%

Shares of IUSB opened at $47.12 on Friday. The company has a market cap of $35.43 billion, a price-to-earnings ratio of 10.80 and a beta of 0.26. iShares Core Total USD Bond Market ETF has a twelve month low of $44.74 and a twelve month high of $47.20. The company has a 50 day moving average of $46.71 and a two-hundred day moving average of $46.68.

iShares Core Total USD Bond Market ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were given a $0.165 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date of this dividend was Monday, February 2nd. This is a positive change 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.