KWB Wealth Decreases Stock Holdings in iShares Core Total USD Bond Market ETF $IUSB

KWB Wealth lowered its stake in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 6.8% during the fourth quarter, Holdings Channel.com reports. The firm owned 456,365 shares of the company’s stock after selling 33,323 shares during the quarter. iShares Core Total USD Bond Market ETF makes up about 2.0% of KWB Wealth’s investment portfolio, making the stock its 14th biggest position. KWB Wealth’s holdings in iShares Core Total USD Bond Market ETF were worth $21,239,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Diversify Advisory Services LLC lifted its position in shares of iShares Core Total USD Bond Market ETF by 11.3% during the third quarter. Diversify Advisory Services LLC now owns 159,983 shares of the company’s stock valued at $7,458,000 after buying an additional 16,301 shares during the last quarter. Firestone Capital Management grew its position in shares of iShares Core Total USD Bond Market ETF by 3.2% in the 3rd quarter. Firestone Capital Management now owns 354,435 shares of the company’s stock worth $16,556,000 after buying an additional 10,921 shares during the last quarter. Acorn Wealth Advisors LLC purchased a new position in shares of iShares Core Total USD Bond Market ETF in the 3rd quarter worth approximately $624,000. B. Riley Wealth Advisors Inc. bought a new position in shares of iShares Core Total USD Bond Market ETF during the 2nd quarter worth approximately $6,423,000. Finally, First Command Advisory Services Inc. raised its stake in shares of iShares Core Total USD Bond Market ETF by 5.4% during the 3rd quarter. First Command Advisory Services Inc. now owns 2,210,825 shares of the company’s stock worth $103,268,000 after acquiring an additional 112,933 shares in the last quarter.

iShares Core Total USD Bond Market ETF Stock Up 0.4%

NASDAQ:IUSB opened at $46.10 on Tuesday. The stock has a market capitalization of $34.67 billion, a price-to-earnings ratio of 10.80 and a beta of 0.26. iShares Core Total USD Bond Market ETF has a 52 week low of $44.74 and a 52 week high of $47.23. The firm has a 50 day moving average of $46.68 and a 200 day moving average of $46.71.

iShares Core Total USD Bond Market ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd were given a dividend of $0.1573 per share. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%.

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.