Opes Wealth Management LLC Sells 12,294 Shares of iShares Core Total USD Bond Market ETF $IUSB

Opes Wealth Management LLC lowered its stake in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 3.5% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 335,541 shares of the company’s stock after selling 12,294 shares during the period. iShares Core Total USD Bond Market ETF makes up approximately 2.7% of Opes Wealth Management LLC’s investment portfolio, making the stock its 7th largest position. Opes Wealth Management LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $15,673,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the stock. CIBC Private Wealth Group LLC purchased a new position in shares of iShares Core Total USD Bond Market ETF during the third quarter worth $27,000. LifeGoal Investments LLC lifted its stake in iShares Core Total USD Bond Market ETF by 4.8% during the 3rd quarter. LifeGoal Investments LLC now owns 11,184 shares of the company’s stock worth $522,000 after acquiring an additional 511 shares in the last quarter. Capital Square LLC boosted its holdings in iShares Core Total USD Bond Market ETF by 2.6% during the 3rd quarter. Capital Square LLC now owns 40,340 shares of the company’s stock valued at $1,884,000 after acquiring an additional 1,018 shares during the period. Tcfg Wealth Management LLC purchased a new position in iShares Core Total USD Bond Market ETF during the 3rd quarter valued at about $563,000. Finally, Centaurus Financial Inc. grew its position in iShares Core Total USD Bond Market ETF by 25.5% in the 3rd quarter. Centaurus Financial Inc. now owns 11,032 shares of the company’s stock valued at $515,000 after acquiring an additional 2,239 shares in the last quarter.

iShares Core Total USD Bond Market ETF Stock Performance

Shares of IUSB opened at $46.44 on Wednesday. The company’s 50-day simple moving average is $46.71 and its 200-day simple moving average is $46.72. iShares Core Total USD Bond Market ETF has a 1 year low of $44.74 and a 1 year high of $47.23. The stock has a market capitalization of $34.92 billion, a PE ratio of 10.80 and a beta of 0.26.

iShares Core Total USD Bond Market ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were paid a dividend of $0.1573 per share. This represents a c) annualized dividend and a yield of 4.1%. The ex-dividend date of this dividend was Monday, March 2nd.

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.