Horst & Graben Wealth Management LLC Sells 128,217 Shares of iShares Core Total USD Bond Market ETF $IUSB

Horst & Graben Wealth Management LLC cut its stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 19.0% during the 3rd quarter, Holdings Channel.com reports. The firm owned 546,080 shares of the company’s stock after selling 128,217 shares during the period. iShares Core Total USD Bond Market ETF accounts for approximately 3.9% of Horst & Graben Wealth Management LLC’s investment portfolio, making the stock its 6th biggest holding. Horst & Graben Wealth Management LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $25,507,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of IUSB. Randall & Associates Wealth Management lifted its position in iShares Core Total USD Bond Market ETF by 23.8% during the third quarter. Randall & Associates Wealth Management now owns 135,453 shares of the company’s stock worth $6,327,000 after acquiring an additional 25,999 shares during the last quarter. Independent Wealth Network Inc. acquired a new position in shares of iShares Core Total USD Bond Market ETF in the third quarter valued at approximately $229,000. JGP Wealth Management LLC acquired a new position in shares of iShares Core Total USD Bond Market ETF in the third quarter valued at approximately $206,000. Triangle Securities Wealth Management increased its stake in shares of iShares Core Total USD Bond Market ETF by 1.5% during the third quarter. Triangle Securities Wealth Management now owns 190,931 shares of the company’s stock worth $8,918,000 after purchasing an additional 2,787 shares during the period. Finally, Stanich Group LLC acquired a new stake in iShares Core Total USD Bond Market ETF during the 3rd quarter worth approximately $585,000.

iShares Core Total USD Bond Market ETF Price Performance

IUSB opened at $46.62 on Friday. The business has a fifty day simple moving average of $46.76 and a 200 day simple moving average of $46.42. iShares Core Total USD Bond Market ETF has a 1 year low of $44.67 and a 1 year high of $47.20. The company has a market capitalization of $33.13 billion, a PE ratio of 10.80 and a beta of 0.26.

iShares Core Total USD Bond Market ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, December 24th. Stockholders of record on Friday, December 19th were given a $0.1648 dividend. The ex-dividend date of this dividend was Friday, December 19th. This is a boost from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%.

iShares Core Total USD Bond Market ETF Company 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.