Tanager Wealth Management LLP Lowers Holdings in iShares Core Total USD Bond Market ETF $IUSB

Tanager Wealth Management LLP lowered its stake in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 16.6% in the first quarter, HoldingsChannel reports. The fund owned 301,632 shares of the company’s stock after selling 60,163 shares during the quarter. iShares Core Total USD Bond Market ETF makes up about 1.3% of Tanager Wealth Management LLP’s portfolio, making the stock its 20th largest position. Tanager Wealth Management LLP’s holdings in iShares Core Total USD Bond Market ETF were worth $13,932,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Howe & Rusling Inc. lifted its holdings in shares of iShares Core Total USD Bond Market ETF by 2.6% during the 4th quarter. Howe & Rusling Inc. now owns 8,329 shares of the company’s stock worth $388,000 after acquiring an additional 215 shares during the period. Midwest Trust Co grew its holdings in iShares Core Total USD Bond Market ETF by 2.9% in the fourth quarter. Midwest Trust Co now owns 8,432 shares of the company’s stock valued at $392,000 after purchasing an additional 236 shares during the period. HORAN Wealth LLC increased its position in iShares Core Total USD Bond Market ETF by 5.2% during the fourth quarter. HORAN Wealth LLC now owns 5,882 shares of the company’s stock worth $274,000 after purchasing an additional 291 shares during the last quarter. FC Advisory LLC increased its position in iShares Core Total USD Bond Market ETF by 0.5% during the fourth quarter. FC Advisory LLC now owns 64,545 shares of the company’s stock worth $3,004,000 after purchasing an additional 292 shares during the last quarter. Finally, Trilogy Capital Inc. raised its stake in iShares Core Total USD Bond Market ETF by 4.7% during the fourth quarter. Trilogy Capital Inc. now owns 6,971 shares of the company’s stock worth $324,000 after purchasing an additional 311 shares during the period.

iShares Core Total USD Bond Market ETF Stock Up 0.4%

NASDAQ:IUSB opened at $46.23 on Thursday. The company has a market cap of $36.58 billion, a P/E ratio of 10.80 and a beta of 0.26. The firm’s 50 day moving average is $46.08 and its two-hundred day moving average is $46.40. iShares Core Total USD Bond Market ETF has a fifty-two week low of $45.47 and a fifty-two week high of $47.23.

iShares Core Total USD Bond Market ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, June 4th. Stockholders of record on Monday, June 1st were issued a dividend of $0.1511 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date was Monday, June 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.