Blue Trust Inc. Reduces Position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Blue Trust Inc. decreased its holdings in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 3.4% during the first quarter, according to the company in its most recent disclosure with the SEC. The fund owned 856,656 shares of the company’s stock after selling 29,758 shares during the quarter. iShares Core Total USD Bond Market ETF accounts for about 0.5% of Blue Trust Inc.’s investment portfolio, making the stock its 28th biggest position. Blue Trust Inc.’s holdings in iShares Core Total USD Bond Market ETF were worth $39,475,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Jones Financial Companies Lllp grew its stake in iShares Core Total USD Bond Market ETF by 12.2% in the 4th quarter. Jones Financial Companies Lllp now owns 60,525,582 shares of the company’s stock worth $2,735,756,000 after acquiring an additional 6,586,279 shares in the last quarter. LPL Financial LLC boosted its holdings in shares of iShares Core Total USD Bond Market ETF by 13.5% in the fourth quarter. LPL Financial LLC now owns 44,646,696 shares of the company’s stock valued at $2,018,031,000 after purchasing an additional 5,315,980 shares during the period. Raymond James Financial Inc. bought a new position in iShares Core Total USD Bond Market ETF in the fourth quarter worth approximately $183,980,000. Wells Fargo & Company MN increased its holdings in iShares Core Total USD Bond Market ETF by 6.2% during the 4th quarter. Wells Fargo & Company MN now owns 42,531,915 shares of the company’s stock worth $1,922,443,000 after purchasing an additional 2,496,641 shares during the period. Finally, Essential Planning LLC. increased its holdings in iShares Core Total USD Bond Market ETF by 6,386.5% during the 4th quarter. Essential Planning LLC. now owns 1,621,888 shares of the company’s stock worth $74,478,000 after purchasing an additional 1,596,884 shares during the period.

iShares Core Total USD Bond Market ETF Trading Up 0.0%

Shares of IUSB stock opened at $45.72 on Thursday. iShares Core Total USD Bond Market ETF has a twelve month low of $44.67 and a twelve month high of $47.44. The stock has a fifty day simple moving average of $45.53 and a two-hundred day simple moving average of $45.57. The stock has a market capitalization of $32.90 billion, a price-to-earnings ratio of 10.80 and a beta of 0.15.

iShares Core Total USD Bond Market ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, June 5th. Investors of record on Monday, June 2nd were issued a $0.1651 dividend. This is an increase from iShares Core Total USD Bond Market ETF’s previous dividend of $0.16. The ex-dividend date was Monday, June 2nd.

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.