Rialto Wealth Management LLC Reduces Stock Holdings in iShares Core Total USD Bond Market ETF $IUSB

Rialto Wealth Management LLC lessened its stake in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 84.2% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 3,612 shares of the company’s stock after selling 19,221 shares during the quarter. Rialto Wealth Management LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $169,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of IUSB. AQR Capital Management LLC lifted its position in iShares Core Total USD Bond Market ETF by 9.9% in the first quarter. AQR Capital Management LLC now owns 60,249 shares of the company’s stock valued at $2,776,000 after acquiring an additional 5,416 shares during the last quarter. Goldman Sachs Group Inc. increased its position in shares of iShares Core Total USD Bond Market ETF by 40.7% during the first quarter. Goldman Sachs Group Inc. now owns 191,332 shares of the company’s stock worth $8,817,000 after purchasing an additional 55,360 shares in the last quarter. Balboa Wealth Partners purchased a new stake in shares of iShares Core Total USD Bond Market ETF in the 2nd quarter valued at about $259,000. Crewe Advisors LLC acquired a new stake in shares of iShares Core Total USD Bond Market ETF in the 2nd quarter valued at about $194,000. Finally, Avidian Wealth Enterprises LLC grew its stake in iShares Core Total USD Bond Market ETF by 3.0% during the 2nd quarter. Avidian Wealth Enterprises LLC now owns 1,000,740 shares of the company’s stock worth $46,264,000 after buying an additional 28,709 shares during the last quarter.

iShares Core Total USD Bond Market ETF Stock Up 0.3%

IUSB opened at $47.03 on Monday. iShares Core Total USD Bond Market ETF has a 52 week low of $44.74 and a 52 week high of $47.20. The business’s 50 day moving average is $46.63 and its two-hundred day moving average is $46.63. The firm has a market cap of $35.37 billion, a price-to-earnings ratio of 10.80 and a beta of 0.26.

iShares Core Total USD Bond Market ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were issued a $0.165 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date of this dividend was Monday, February 2nd. This is a positive change from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16.

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.