iShares Core Total USD Bond Market ETF $IUSB Stock Position Lowered by Modern Wealth Management LLC

Modern Wealth Management LLC decreased its position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 15.5% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 595,085 shares of the company’s stock after selling 109,079 shares during the quarter. Modern Wealth Management LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $27,511,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Atlantic Union Bankshares Corp bought a new stake in iShares Core Total USD Bond Market ETF in the second quarter worth about $52,000. Key Financial Inc grew its stake in shares of iShares Core Total USD Bond Market ETF by 30.2% in the 2nd quarter. Key Financial Inc now owns 1,185 shares of the company’s stock worth $55,000 after purchasing an additional 275 shares during the last quarter. GoalVest Advisory LLC acquired a new position in shares of iShares Core Total USD Bond Market ETF in the 2nd quarter worth approximately $75,000. MassMutual Private Wealth & Trust FSB raised its holdings in shares of iShares Core Total USD Bond Market ETF by 171.5% in the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 2,243 shares of the company’s stock worth $104,000 after purchasing an additional 1,417 shares in the last quarter. Finally, National Bank of Canada FI lifted its stake in iShares Core Total USD Bond Market ETF by 151.5% during the first quarter. National Bank of Canada FI now owns 2,490 shares of the company’s stock valued at $114,000 after purchasing an additional 1,500 shares during the last quarter.

iShares Core Total USD Bond Market ETF Stock Performance

Shares of NASDAQ:IUSB opened at $46.53 on Friday. The stock has a market capitalization of $33.07 billion, a price-to-earnings ratio of 10.80 and a beta of 0.26. iShares Core Total USD Bond Market ETF has a 1-year low of $44.67 and a 1-year high of $47.20. The company has a 50 day moving average price of $46.79 and a 200 day moving average price of $46.35.

iShares Core Total USD Bond Market ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, December 4th. Stockholders of record on Monday, December 1st were paid a dividend of $0.1566 per share. The ex-dividend date of this dividend was Monday, December 1st. This represents a c) annualized dividend and a dividend yield of 4.0%.

About iShares Core Total USD Bond Market ETF

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.