Spire Wealth Management Cuts Stake in iShares Core Total USD Bond Market ETF $IUSB

Spire Wealth Management cut its stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 2.8% during the 4th quarter, Holdings Channel.com reports. The fund owned 454,080 shares of the company’s stock after selling 13,256 shares during the period. iShares Core Total USD Bond Market ETF accounts for approximately 0.7% of Spire Wealth Management’s portfolio, making the stock its 29th largest position. Spire Wealth Management’s holdings in iShares Core Total USD Bond Market ETF were worth $21,133,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the stock. CIBC Private Wealth Group LLC purchased a new position in iShares Core Total USD Bond Market ETF during the third quarter worth approximately $27,000. Team Financial Group LLC grew its stake in shares of iShares Core Total USD Bond Market ETF by 54.4% during the 3rd quarter. Team Financial Group LLC now owns 619 shares of the company’s stock valued at $29,000 after buying an additional 218 shares during the period. Chapman Financial Group LLC acquired a new stake in shares of iShares Core Total USD Bond Market ETF during the 3rd quarter worth $31,000. Collier Financial acquired a new stake in shares of iShares Core Total USD Bond Market ETF during the 3rd quarter worth $32,000. Finally, Richardson Capital Management LLC purchased a new position in shares of iShares Core Total USD Bond Market ETF in the 3rd quarter worth $43,000.

iShares Core Total USD Bond Market ETF Trading Down 0.0%

Shares of IUSB opened at $45.87 on Friday. iShares Core Total USD Bond Market ETF has a twelve month low of $44.74 and a twelve month high of $47.23. The firm has a market capitalization of $34.49 billion, a P/E ratio of 10.80 and a beta of 0.26. The stock’s fifty day simple moving average is $46.62 and its 200 day simple moving average is $46.69.

iShares Core Total USD Bond Market ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd were issued a $0.1573 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date 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.