Ridgeline Wealth LLC Reduces Holdings in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Ridgeline Wealth LLC decreased its position in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 14.9% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 10,052 shares of the company’s stock after selling 1,760 shares during the period. Ridgeline Wealth LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $463,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Impact Capital Partners LLC purchased a new stake in iShares Core Total USD Bond Market ETF during the 1st quarter worth $306,000. Mason & Associates LLC grew its holdings in 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 acquiring an additional 122,407 shares in the last quarter. Nixon Peabody Trust Co. acquired a new position in iShares Core Total USD Bond Market ETF during the 1st quarter worth $631,000. Apella Capital LLC grew its holdings in iShares Core Total USD Bond Market ETF by 154.3% during the 1st quarter. Apella Capital LLC now owns 319,588 shares of the company’s stock worth $14,573,000 after acquiring an additional 193,899 shares in the last quarter. Finally, Heritage Family Offices LLP grew its holdings in iShares Core Total USD Bond Market ETF by 13.5% during the 1st quarter. Heritage Family Offices LLP now owns 22,568 shares of the company’s stock worth $1,040,000 after acquiring an additional 2,681 shares in the last quarter.

iShares Core Total USD Bond Market ETF Price Performance

Shares of IUSB stock opened at $45.35 on Friday. The firm has a market cap of $32.64 billion, a P/E ratio of 10.82 and a beta of 0.15. iShares Core Total USD Bond Market ETF has a 1-year low of $44.67 and a 1-year high of $47.44. The firm has a fifty 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 business also recently disclosed a dividend, which was paid on Thursday, June 5th. Shareholders of record on Monday, June 2nd were issued a dividend of $0.1651 per share. This is a positive change from iShares Core Total USD Bond Market ETF’s previous dividend of $0.16. The ex-dividend date of this dividend was Monday, June 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.