iShares Core Total USD Bond Market ETF $IUSB Shares Sold by Modern Wealth Management LLC

Modern Wealth Management LLC reduced its stake in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 52.9% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 280,415 shares of the company’s stock after selling 314,670 shares during the quarter. Modern Wealth Management LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $13,098,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. AQR Capital Management LLC raised its stake in shares of iShares Core Total USD Bond Market ETF by 9.9% during the first quarter. AQR Capital Management LLC now owns 60,249 shares of the company’s stock valued at $2,776,000 after purchasing an additional 5,416 shares during the period. Goldman Sachs Group Inc. boosted its stake in shares of iShares Core Total USD Bond Market ETF by 40.7% in the first quarter. Goldman Sachs Group Inc. now owns 191,332 shares of the company’s stock valued at $8,817,000 after purchasing an additional 55,360 shares during the period. Bank of Montreal Can grew its holdings in iShares Core Total USD Bond Market ETF by 28.2% during the 2nd quarter. Bank of Montreal Can now owns 11,462 shares of the company’s stock valued at $530,000 after purchasing an additional 2,522 shares in the last quarter. Atlantic Union Bankshares Corp acquired a new stake in iShares Core Total USD Bond Market ETF during the 2nd quarter valued at $52,000. Finally, Savant Capital LLC increased its stake in iShares Core Total USD Bond Market ETF by 20.9% during the 2nd quarter. Savant Capital LLC now owns 11,024 shares of the company’s stock worth $510,000 after buying an additional 1,902 shares during the period.

iShares Core Total USD Bond Market ETF Price Performance

iShares Core Total USD Bond Market ETF stock opened at $46.59 on Friday. iShares Core Total USD Bond Market ETF has a 12-month low of $44.74 and a 12-month high of $47.23. The company has a market capitalization of $35.04 billion, a price-to-earnings ratio of 10.80 and a beta of 0.26. The firm’s fifty day moving average price is $46.74 and its 200 day moving average price is $46.70.

iShares Core Total USD Bond Market ETF Cuts Dividend

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

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.