iShares Core Total USD Bond Market ETF $IUSB Shares Sold by Modern Wealth Management LLC

Modern Wealth Management LLC trimmed its holdings in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 52.9% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 280,415 shares of the company’s stock after selling 314,670 shares during the period. Modern Wealth Management LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $13,098,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Team Financial Group LLC increased its stake in shares of iShares Core Total USD Bond Market ETF by 54.4% in the third quarter. Team Financial Group LLC now owns 619 shares of the company’s stock worth $29,000 after buying an additional 218 shares during the last quarter. Chapman Financial Group LLC acquired a new stake in iShares Core Total USD Bond Market ETF in the third quarter valued at $31,000. Collier Financial bought a new position in iShares Core Total USD Bond Market ETF during the 3rd quarter valued at $32,000. Richardson Capital Management LLC bought a new position in iShares Core Total USD Bond Market ETF during the 3rd quarter valued at $43,000. Finally, Compass Financial Services Inc acquired a new position in iShares Core Total USD Bond Market ETF during the 3rd quarter worth $52,000.

iShares Core Total USD Bond Market ETF Stock Performance

IUSB opened at $46.59 on Friday. The company has a 50-day moving average of $46.74 and a 200-day moving average of $46.70. The company has a market capitalization of $35.04 billion, a P/E ratio of 10.80 and a beta of 0.26. iShares Core Total USD Bond Market ETF has a 1-year low of $44.74 and a 1-year high of $47.23.

iShares Core Total USD Bond Market ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were paid a $0.1573 dividend. This represents a c) dividend on an annualized basis and a yield of 4.1%. The ex-dividend date was Monday, March 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.