iShares Core Total USD Bond Market ETF $IUSB Stock: Commonwealth Equity Services LLC Lowers Holdings

Commonwealth Equity Services LLC reduced its stake in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 48.1% in the 3rd quarter, Holdings Channel.com reports. The firm owned 1,664,867 shares of the company’s stock after selling 1,542,611 shares during the quarter. Commonwealth Equity Services LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $73,404,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently bought and sold shares of the company. GK Wealth Management LLC acquired a new stake in iShares Core Total USD Bond Market ETF in the 3rd quarter worth $26,000. Team Financial Group LLC acquired a new position in shares of iShares Core Total USD Bond Market ETF during the third quarter valued at about $27,000. JNBA Financial Advisors acquired a new position in shares of iShares Core Total USD Bond Market ETF during the second quarter valued at about $32,000. Financial Freedom LLC bought a new stake in shares of iShares Core Total USD Bond Market ETF in the first quarter valued at about $45,000. Finally, Independence Bank of Kentucky bought a new stake in shares of iShares Core Total USD Bond Market ETF in the third quarter valued at about $50,000.

iShares Core Total USD Bond Market ETF Trading Down 0.1%

IUSB traded down $0.04 on Friday, hitting $44.94. 5,678,346 shares of the stock traded hands, compared to its average volume of 5,290,708. The business has a fifty day moving average price of $44.63 and a two-hundred day moving average price of $45.76. The firm has a market capitalization of $50.33 billion, a PE ratio of 10.80 and a beta of 0.27. iShares Core Total USD Bond Market ETF has a 52 week low of $43.75 and a 52 week high of $47.23.

iShares Core Total USD Bond Market ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, November 5th. Stockholders of record on Monday, November 2nd were given a dividend of $0.1718 per share. This is a boost from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.1544. This represents a $2.06 dividend on an annualized basis and a dividend yield of 4.6%. The ex-dividend date was Monday, November 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.