iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) Stake Lowered by Alterna Wealth Management Inc.

Alterna Wealth Management Inc. reduced its stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 7.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 83,457 shares of the company’s stock after selling 6,783 shares during the period. iShares Core Total USD Bond Market ETF makes up 4.6% of Alterna Wealth Management Inc.’s portfolio, making the stock its 3rd biggest position. Alterna Wealth Management Inc.’s holdings in iShares Core Total USD Bond Market ETF were worth $3,845,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. 9258 Wealth Management LLC lifted its holdings in shares of iShares Core Total USD Bond Market ETF by 6.2% during the fourth quarter. 9258 Wealth Management LLC now owns 315,951 shares of the company’s stock valued at $14,556,000 after purchasing an additional 18,361 shares in the last quarter. Benjamin F. Edwards & Company Inc. increased its position in iShares Core Total USD Bond Market ETF by 3.5% in the fourth quarter. Benjamin F. Edwards & Company Inc. now owns 7,093 shares of the company’s stock worth $327,000 after buying an additional 237 shares in the last quarter. Summit Global Investments purchased a new stake in shares of iShares Core Total USD Bond Market ETF during the fourth quarter worth about $383,000. Aveo Capital Partners LLC grew its position in shares of iShares Core Total USD Bond Market ETF by 35.3% during the fourth quarter. Aveo Capital Partners LLC now owns 19,902 shares of the company’s stock worth $917,000 after purchasing an additional 5,194 shares in the last quarter. Finally, Natixis Advisors L.P. grew its position in shares of iShares Core Total USD Bond Market ETF by 4,109.8% during the fourth quarter. Natixis Advisors L.P. now owns 1,624,298 shares of the company’s stock worth $74,831,000 after purchasing an additional 1,585,714 shares in the last quarter.

iShares Core Total USD Bond Market ETF Stock Performance

Shares of NASDAQ:IUSB traded up $0.22 during trading on Friday, hitting $44.82. 2,964,442 shares of the company’s stock were exchanged, compared to its average volume of 3,368,115. iShares Core Total USD Bond Market ETF has a 52-week low of $42.56 and a 52-week high of $46.40. The business’s 50-day simple moving average is $45.05 and its 200 day simple moving average is $44.96.

iShares Core Total USD Bond Market ETF Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Tuesday, May 7th. Investors of record on Thursday, May 2nd will be given a dividend of $0.1498 per share. This represents a $1.80 annualized dividend and a dividend yield of 4.01%. The ex-dividend date of this dividend is Wednesday, May 1st.

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.