iShares Core Total USD Bond Market ETF $IUSB Shares Sold by Merit Financial Group LLC

Merit Financial Group LLC reduced its position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 11.8% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 312,533 shares of the company’s stock after selling 41,903 shares during the quarter. Merit Financial Group LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $14,598,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of IUSB. Team Financial Group LLC lifted its position in shares of iShares Core Total USD Bond Market ETF by 54.4% during the third quarter. Team Financial Group LLC now owns 619 shares of the company’s stock worth $29,000 after purchasing an additional 218 shares in the last quarter. Morris Financial Concepts Inc. increased its stake in iShares Core Total USD Bond Market ETF by 1.2% during the 2nd quarter. Morris Financial Concepts Inc. now owns 20,711 shares of the company’s stock worth $957,000 after buying an additional 239 shares during the period. Key Financial Inc increased its stake in iShares Core Total USD Bond Market ETF by 30.2% during the 2nd quarter. Key Financial Inc now owns 1,185 shares of the company’s stock worth $55,000 after buying an additional 275 shares during the period. AdvisorNet Financial Inc lifted its holdings in iShares Core Total USD Bond Market ETF by 2.1% during the 2nd quarter. AdvisorNet Financial Inc now owns 15,263 shares of the company’s stock worth $706,000 after buying an additional 308 shares in the last quarter. Finally, Semus Wealth Partners LLC boosted its position in iShares Core Total USD Bond Market ETF by 1.9% in the 2nd quarter. Semus Wealth Partners LLC now owns 18,081 shares of the company’s stock valued at $836,000 after buying an additional 332 shares during the period.

iShares Core Total USD Bond Market ETF Stock Down 0.1%

NASDAQ:IUSB opened at $46.65 on Wednesday. iShares Core Total USD Bond Market ETF has a 52 week low of $44.67 and a 52 week high of $47.20. The company has a fifty day simple moving average of $46.73 and a two-hundred day simple moving average of $46.45. The company has a market cap of $33.16 billion, a price-to-earnings ratio of 10.80 and a beta of 0.26.

iShares Core Total USD Bond Market ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, December 24th. Investors of record on Friday, December 19th were paid a dividend of $0.1648 per share. This represents a c) annualized dividend and a yield of 4.2%. The ex-dividend date of this dividend was Friday, December 19th. This is a positive change from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16.

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.