iShares Core Total USD Bond Market ETF $IUSB Shares Sold by Tanager Wealth Management LLP

Tanager Wealth Management LLP decreased its position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 16.6% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 301,632 shares of the company’s stock after selling 60,163 shares during the quarter. iShares Core Total USD Bond Market ETF comprises about 1.3% of Tanager Wealth Management LLP’s holdings, making the stock its 20th largest position. Tanager Wealth Management LLP’s holdings in iShares Core Total USD Bond Market ETF were worth $13,932,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Wells Fargo & Company MN grew its holdings in shares of iShares Core Total USD Bond Market ETF by 2.9% during the fourth quarter. Wells Fargo & Company MN now owns 47,946,578 shares of the company’s stock worth $2,231,434,000 after buying an additional 1,331,490 shares in the last quarter. LPL Financial LLC raised its position in shares of iShares Core Total USD Bond Market ETF by 2.2% in the fourth quarter. LPL Financial LLC now owns 45,507,455 shares of the company’s stock valued at $2,117,917,000 after buying an additional 966,130 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in shares of iShares Core Total USD Bond Market ETF by 8.8% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 28,622,754 shares of the company’s stock valued at $1,332,103,000 after buying an additional 2,324,731 shares during the period. Morgan Stanley lifted its stake in shares of iShares Core Total USD Bond Market ETF by 8.5% during the fourth quarter. Morgan Stanley now owns 24,700,344 shares of the company’s stock valued at $1,149,554,000 after buying an additional 1,931,838 shares during the period. Finally, CWM LLC lifted its stake in shares of iShares Core Total USD Bond Market ETF by 0.5% during the fourth quarter. CWM LLC now owns 17,194,171 shares of the company’s stock valued at $800,217,000 after buying an additional 85,428 shares during the period.

iShares Core Total USD Bond Market ETF Stock Performance

Shares of NASDAQ IUSB opened at $46.23 on Thursday. The firm has a market cap of $36.58 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 $45.47 and a 1 year high of $47.23. The firm’s 50 day moving average price is $46.08 and its 200 day moving average price is $46.40.

iShares Core Total USD Bond Market ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were paid a dividend of $0.1511 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date of this dividend was Monday, June 1st.

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.