Parsons Capital Management Inc. RI Cuts Stock Position in iShares Core Total USD Bond Market ETF $IUSB

Parsons Capital Management Inc. RI decreased its position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 51.7% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 11,854 shares of the company’s stock after selling 12,711 shares during the period. Parsons Capital Management Inc. RI’s holdings in iShares Core Total USD Bond Market ETF were worth $554,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Team Financial Group LLC increased its holdings 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 valued at $29,000 after purchasing an additional 218 shares during the last quarter. Anchor Investment Management LLC purchased a new position in iShares Core Total USD Bond Market ETF during the second quarter worth about $51,000. Atlantic Union Bankshares Corp purchased a new stake in iShares Core Total USD Bond Market ETF in the second quarter valued at approximately $52,000. Key Financial Inc grew its position in iShares Core Total USD Bond Market ETF by 30.2% in the 2nd 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. Finally, Investors Research Corp increased its stake in iShares Core Total USD Bond Market ETF by 111.7% during the third quarter. Investors Research Corp now owns 1,391 shares of the company’s stock worth $65,000 after purchasing an additional 734 shares during the period.

iShares Core Total USD Bond Market ETF Trading Up 0.3%

Shares of NASDAQ IUSB opened at $46.61 on Thursday. iShares Core Total USD Bond Market ETF has a 12-month low of $44.74 and a 12-month high of $47.20. The stock has a market cap of $34.75 billion, a P/E ratio of 10.80 and a beta of 0.26. The business’s fifty day simple moving average is $46.66 and its 200-day simple moving average is $46.52.

iShares Core Total USD Bond Market ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, December 24th. Investors of record on Friday, December 19th were given a dividend of $0.1648 per share. 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. This represents a c) annualized dividend and a yield of 4.2%.

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.