iShares Core Total USD Bond Market ETF $IUSB Position Lowered by SteelPeak Wealth LLC

SteelPeak Wealth LLC cut its position in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 6.2% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,291,212 shares of the company’s stock after selling 85,629 shares during the quarter. iShares Core Total USD Bond Market ETF comprises 1.4% of SteelPeak Wealth LLC’s investment portfolio, making the stock its 15th biggest holding. SteelPeak Wealth LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $56,930,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. raised its holdings in iShares Core Total USD Bond Market ETF by 35.3% in the second quarter. Envestnet Asset Management Inc. now owns 180,016,371 shares of the company’s stock worth $8,307,768,000 after purchasing an additional 46,935,169 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of iShares Core Total USD Bond Market ETF by 10.2% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 33,421,651 shares of the company’s stock valued at $1,542,409,000 after buying an additional 3,083,604 shares in the last quarter. Envestnet Portfolio Solutions Inc. boosted its holdings in shares of iShares Core Total USD Bond Market ETF by 35.1% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 16,937,298 shares of the company’s stock valued at $781,656,000 after buying an additional 4,399,948 shares in the last quarter. Bank of New York Mellon Corp boosted its holdings in shares of iShares Core Total USD Bond Market ETF by 13.8% during the 1st quarter. Bank of New York Mellon Corp now owns 10,974,170 shares of the company’s stock valued at $506,897,000 after buying an additional 1,333,886 shares in the last quarter. Finally, Cetera Investment Advisers grew its position in shares of iShares Core Total USD Bond Market ETF by 5.5% in the 1st quarter. Cetera Investment Advisers now owns 10,043,013 shares of the company’s stock worth $463,887,000 after buying an additional 520,120 shares during the period.

iShares Core Total USD Bond Market ETF Price Performance

NASDAQ:IUSB opened at $44.47 on Friday. The firm’s 50-day moving average price is $44.87 and its 200-day moving average price is $45.59. The company has a market capitalization of $49.20 billion, a PE ratio of 10.80 and a beta of 0.27. iShares Core Total USD Bond Market ETF has a 1-year low of $43.75 and a 1-year high of $47.23.

iShares Core Total USD Bond Market ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, October 6th. Investors of record on Thursday, October 1st were paid a dividend of $0.1544 per share. The ex-dividend date of this dividend was Thursday, October 1st. This represents a $1.85 annualized dividend and a yield of 4.2%.

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.