Financial Life Advisors Lowers Stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Financial Life Advisors trimmed its stake in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 23.0% in the first quarter, according to the company in its most recent filing with the SEC. The firm owned 333,132 shares of the company’s stock after selling 99,367 shares during the quarter. iShares Core Total USD Bond Market ETF comprises about 5.7% of Financial Life Advisors’ portfolio, making the stock its 5th biggest holding. Financial Life Advisors’ holdings in iShares Core Total USD Bond Market ETF were worth $15,351,000 as of its most recent filing with the SEC.

Other institutional investors have also recently modified their holdings of the company. Northern Trust Corp bought a new stake in iShares Core Total USD Bond Market ETF during the fourth quarter worth about $205,000. CX Institutional bought a new stake in shares of iShares Core Total USD Bond Market ETF during the 1st quarter worth approximately $41,000. Tyche Wealth Partners LLC bought a new stake in shares of iShares Core Total USD Bond Market ETF during the 1st quarter worth approximately $642,000. Veridan Wealth LLC bought a new position in iShares Core Total USD Bond Market ETF in the fourth quarter valued at approximately $8,483,000. Finally, Oppenheimer & Co. Inc. bought a new position in iShares Core Total USD Bond Market ETF in the fourth quarter valued at approximately $208,000.

iShares Core Total USD Bond Market ETF Price Performance

Shares of IUSB opened at $46.08 on Friday. The firm has a 50 day simple moving average of $45.61 and a two-hundred day simple moving average of $45.56. iShares Core Total USD Bond Market ETF has a one year low of $44.67 and a one year high of $47.44. The company has a market cap of $33.16 billion, a P/E ratio of 10.80 and a beta of 0.15.

iShares Core Total USD Bond Market ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, June 5th. Investors of record on Monday, June 2nd were given a dividend of $0.1651 per share. This is an increase 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.