Janney Montgomery Scott LLC Sells 997,185 Shares of iShares Core Total USD Bond Market ETF $IUSB

Janney Montgomery Scott LLC trimmed its position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 12.0% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,287,331 shares of the company’s stock after selling 997,185 shares during the quarter. iShares Core Total USD Bond Market ETF comprises approximately 0.8% of Janney Montgomery Scott LLC’s holdings, making the stock its 18th biggest position. Janney Montgomery Scott LLC owned about 1.03% of iShares Core Total USD Bond Market ETF worth $340,391,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in IUSB. 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 purchasing an additional 218 shares in the last quarter. Morris Financial Concepts Inc. raised its holdings in iShares Core Total USD Bond Market ETF by 1.2% during the second quarter. Morris Financial Concepts Inc. now owns 20,711 shares of the company’s stock valued at $957,000 after acquiring an additional 239 shares during the period. Key Financial Inc lifted its position in shares of iShares Core Total USD Bond Market ETF by 30.2% in the second quarter. Key Financial Inc now owns 1,185 shares of the company’s stock valued at $55,000 after acquiring an additional 275 shares in the last quarter. AdvisorNet Financial Inc lifted its position in shares of iShares Core Total USD Bond Market ETF by 2.1% in the second quarter. AdvisorNet Financial Inc now owns 15,263 shares of the company’s stock valued at $706,000 after acquiring an additional 308 shares in the last quarter. Finally, Semus Wealth Partners LLC boosted its stake in shares of iShares Core Total USD Bond Market ETF by 1.9% in the second quarter. Semus Wealth Partners LLC now owns 18,081 shares of the company’s stock worth $836,000 after acquiring an additional 332 shares during the period.

iShares Core Total USD Bond Market ETF Trading Up 0.2%

NASDAQ:IUSB opened at $46.67 on Monday. The stock has a 50-day moving average price of $46.66 and a 200 day moving average price of $46.49. The stock has a market capitalization of $34.62 billion, a P/E ratio of 10.80 and a beta of 0.26. iShares Core Total USD Bond Market ETF has a 12-month low of $44.67 and a 12-month high of $47.20.

iShares Core Total USD Bond Market ETF Increases Dividend

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

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.