Allworth Financial LP Sells 431,238 Shares of iShares Core Total USD Bond Market ETF $IUSB

Allworth Financial LP trimmed its stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 17.6% in the 2nd quarter, HoldingsChannel reports. The firm owned 2,025,209 shares of the company’s stock after selling 431,238 shares during the period. Allworth Financial LP’s holdings in iShares Core Total USD Bond Market ETF were worth $93,464,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently bought and sold shares of the company. AQR Capital Management LLC raised its stake in shares of iShares Core Total USD Bond Market ETF by 9.9% in the first quarter. AQR Capital Management LLC now owns 60,249 shares of the company’s stock worth $2,776,000 after buying an additional 5,416 shares during the period. Goldman Sachs Group Inc. grew its stake in shares of iShares Core Total USD Bond Market ETF by 40.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 191,332 shares of the company’s stock valued at $8,817,000 after acquiring an additional 55,360 shares during the period. M&T Bank Corp bought a new position in shares of iShares Core Total USD Bond Market ETF during the 2nd quarter valued at approximately $335,000. Brown Advisory Inc. purchased a new stake in iShares Core Total USD Bond Market ETF in the 2nd quarter worth approximately $246,000. Finally, Qube Research & Technologies Ltd purchased a new stake in iShares Core Total USD Bond Market ETF in the 2nd quarter worth approximately $167,000.

iShares Core Total USD Bond Market ETF Trading Down 0.1%

NASDAQ IUSB traded down $0.03 on Tuesday, reaching $45.21. 3,624,460 shares of the stock were exchanged, compared to its average volume of 4,248,019. iShares Core Total USD Bond Market ETF has a one year low of $45.12 and a one year high of $47.23. The firm has a market capitalization of $42.81 billion, a PE ratio of 10.80 and a beta of 0.26. The company’s 50-day simple moving average is $45.58 and its two-hundred day simple moving average is $46.01.

iShares Core Total USD Bond Market ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, September 4th. Stockholders of record on Tuesday, September 1st were given a dividend of $0.168 per share. The ex-dividend date was Tuesday, September 1st.

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.