Royal Fund Management LLC Sells 91,714 Shares of iShares Core Total USD Bond Market ETF $IUSB

Royal Fund Management LLC lessened its position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 61.8% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 56,582 shares of the company’s stock after selling 91,714 shares during the period. Royal Fund Management LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $2,643,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Team Financial Group LLC grew its stake in iShares Core Total USD Bond Market ETF by 54.4% during the third quarter. Team Financial Group LLC now owns 619 shares of the company’s stock worth $29,000 after buying an additional 218 shares during the last quarter. Anchor Investment Management LLC acquired a new stake in iShares Core Total USD Bond Market ETF during the 2nd quarter valued at $51,000. Atlantic Union Bankshares Corp bought a new position in iShares Core Total USD Bond Market ETF in the 2nd quarter valued at $52,000. Key Financial Inc boosted its stake in iShares Core Total USD Bond Market ETF by 30.2% in the second quarter. Key Financial Inc now owns 1,185 shares of the company’s stock worth $55,000 after purchasing an additional 275 shares in the last quarter. Finally, Investors Research Corp grew its holdings in shares of iShares Core Total USD Bond Market ETF by 111.7% during the third quarter. Investors Research Corp now owns 1,391 shares of the company’s stock worth $65,000 after purchasing an additional 734 shares during the last quarter.

iShares Core Total USD Bond Market ETF Stock Performance

Shares of NASDAQ:IUSB opened at $46.63 on Monday. The business has a fifty day moving average of $46.67 and a 200-day moving average of $46.51. The firm has a market cap of $34.77 billion, a PE 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.

iShares Core Total USD Bond Market ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, December 24th. Stockholders of record on Friday, December 19th were given a dividend of $0.1648 per share. The ex-dividend date was Friday, December 19th. This is a positive change from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16. This represents a c) dividend on an annualized basis 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.