iShares Core Total USD Bond Market ETF $IUSB Stake Decreased by Icon Wealth Advisors LLC

Icon Wealth Advisors LLC reduced its holdings in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 3.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 921,668 shares of the company’s stock after selling 37,398 shares during the period. iShares Core Total USD Bond Market ETF makes up 2.9% of Icon Wealth Advisors LLC’s holdings, making the stock its 9th biggest position. Icon Wealth Advisors LLC owned 0.12% of iShares Core Total USD Bond Market ETF worth $42,894,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of IUSB. CIBC Private Wealth Group LLC purchased a new position in shares of iShares Core Total USD Bond Market ETF in the third quarter worth about $27,000. Decker Retirement Planning Inc. purchased a new position in iShares Core Total USD Bond Market ETF during the fourth quarter worth about $30,000. Chapman Financial Group LLC purchased a new position in iShares Core Total USD Bond Market ETF during the third quarter worth about $31,000. United Financial Planning Group LLC purchased a new position in iShares Core Total USD Bond Market ETF during the third quarter worth about $50,000. Finally, Ransom Advisory Ltd purchased a new position in iShares Core Total USD Bond Market ETF during the fourth quarter worth about $57,000.

iShares Core Total USD Bond Market ETF Price Performance

Shares of IUSB stock opened at $46.05 on Friday. The firm’s 50-day moving average is $46.11 and its two-hundred day moving average is $46.44. iShares Core Total USD Bond Market ETF has a 12 month low of $45.47 and a 12 month high of $47.23. The company has a market capitalization of $36.44 billion, a PE ratio of 10.80 and a beta of 0.26.

iShares Core Total USD Bond Market ETF Cuts Dividend

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

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.