Mcmorgan & Co. LLC Has $50.73 Million Position in iShares Core Total USD Bond Market ETF $IUSB

Mcmorgan & Co. LLC lowered its stake in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 11.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,099,343 shares of the company’s stock after selling 148,128 shares during the period. iShares Core Total USD Bond Market ETF accounts for about 7.6% of Mcmorgan & Co. LLC’s investment portfolio, making the stock its 5th biggest holding. Mcmorgan & Co. LLC owned approximately 0.12% of iShares Core Total USD Bond Market ETF worth $50,735,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently bought and sold shares of the stock. CIBC Private Wealth Group LLC purchased a new stake in shares of iShares Core Total USD Bond Market ETF during the 3rd quarter worth $27,000. Mcguire Capital Advisors Inc. purchased a new position in iShares Core Total USD Bond Market ETF in the fourth quarter valued at about $30,000. Hurley Capital LLC purchased a new position in iShares Core Total USD Bond Market ETF in the fourth quarter valued at about $33,000. Advocate Investing Services LLC bought a new position in iShares Core Total USD Bond Market ETF in the first quarter worth about $42,000. Finally, Financial Freedom LLC bought a new position in iShares Core Total USD Bond Market ETF in the first quarter worth about $45,000.

iShares Core Total USD Bond Market ETF Stock Performance

IUSB stock opened at $45.49 on Friday. iShares Core Total USD Bond Market ETF has a one year low of $45.32 and a one year high of $47.23. The firm has a market cap of $43.08 billion, a price-to-earnings ratio of 10.80 and a beta of 0.26. The firm has a 50-day simple moving average of $45.69 and a two-hundred day simple moving average of $46.09.

iShares Core Total USD Bond Market ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Thursday, August 6th. Investors of record on Monday, August 3rd were given a dividend of $0.1686 per share. The ex-dividend date of this dividend was Monday, August 3rd.

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.