iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) Shares Sold by Sovereign Financial Group Inc.

Sovereign Financial Group Inc. lessened its stake in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 1.8% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 70,789 shares of the company’s stock after selling 1,322 shares during the period. iShares Core Total USD Bond Market ETF accounts for approximately 0.8% of Sovereign Financial Group Inc.’s investment portfolio, making the stock its 28th biggest position. Sovereign Financial Group Inc.’s holdings in iShares Core Total USD Bond Market ETF were worth $3,262,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of the stock. Mason & Associates LLC raised its position in shares of iShares Core Total USD Bond Market ETF by 4.8% during the 1st quarter. Mason & Associates LLC now owns 2,693,402 shares of the company’s stock worth $124,112,000 after purchasing an additional 122,407 shares during the last quarter. Nixon Peabody Trust Co. acquired a new stake in iShares Core Total USD Bond Market ETF in the 1st quarter valued at about $631,000. Apella Capital LLC raised its holdings in iShares Core Total USD Bond Market ETF by 154.3% in the 1st quarter. Apella Capital LLC now owns 319,588 shares of the company’s stock valued at $14,573,000 after acquiring an additional 193,899 shares during the last quarter. Heritage Family Offices LLP raised its holdings in iShares Core Total USD Bond Market ETF by 13.5% in the 1st quarter. Heritage Family Offices LLP now owns 22,568 shares of the company’s stock valued at $1,040,000 after acquiring an additional 2,681 shares during the last quarter. Finally, EWG Elevate Inc. raised its holdings in iShares Core Total USD Bond Market ETF by 6.9% in the 1st quarter. EWG Elevate Inc. now owns 8,421 shares of the company’s stock valued at $388,000 after acquiring an additional 547 shares during the last quarter.

iShares Core Total USD Bond Market ETF Trading Down 0.5%

IUSB stock opened at $45.35 on Friday. The company has a market cap of $32.64 billion, a price-to-earnings ratio of 10.82 and a beta of 0.15. iShares Core Total USD Bond Market ETF has a 12 month low of $44.67 and a 12 month high of $47.44. The firm has a 50-day moving average of $45.56 and a two-hundred day moving average of $45.58.

iShares Core Total USD Bond Market ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, June 5th. Shareholders of record on Monday, June 2nd were issued a $0.1651 dividend. This is an increase from iShares Core Total USD Bond Market ETF’s previous dividend of $0.16. The ex-dividend date was Monday, June 2nd.

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.