IFP Advisors Inc Trims Stake in iShares Core Total USD Bond Market ETF $IUSB

IFP Advisors Inc lowered its position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 21.7% in the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 112,189 shares of the company’s stock after selling 31,110 shares during the period. IFP Advisors Inc’s holdings in iShares Core Total USD Bond Market ETF were worth $5,178,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. CIBC Private Wealth Group LLC purchased a new stake in iShares Core Total USD Bond Market ETF in the third quarter worth $27,000. Mcguire Capital Advisors Inc. purchased a new position in iShares Core Total USD Bond Market ETF during the 4th quarter valued at about $30,000. JNBA Financial Advisors bought a new stake in iShares Core Total USD Bond Market ETF during the second quarter worth about $32,000. Hurley Capital LLC purchased a new stake in iShares Core Total USD Bond Market ETF in the fourth quarter worth about $33,000. Finally, Advocate Investing Services LLC bought a new position in shares of iShares Core Total USD Bond Market ETF during the first quarter valued at approximately $42,000.

iShares Core Total USD Bond Market ETF Stock Performance

IUSB stock opened at $45.12 on Thursday. The firm has a 50 day moving average price of $45.54 and a 200-day moving average price of $45.99. iShares Core Total USD Bond Market ETF has a 52-week low of $45.07 and a 52-week high of $47.23. The firm has a market capitalization of $42.73 billion, a price-to-earnings ratio of 10.80 and a beta of 0.26.

iShares Core Total USD Bond Market ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, September 4th. Investors of record on Tuesday, September 1st were given a dividend of $0.168 per share. The ex-dividend date of this dividend was Tuesday, September 1st.

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.