Park Avenue Securities LLC Has $400.42 Million Position in iShares Core Total USD Bond Market ETF $IUSB

Park Avenue Securities LLC lowered its position in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 3.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 8,603,823 shares of the company’s stock after selling 323,274 shares during the quarter. iShares Core Total USD Bond Market ETF comprises approximately 3.4% of Park Avenue Securities LLC’s portfolio, making the stock its 6th biggest position. Park Avenue Securities LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $400,422,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the business. CIBC Private Wealth Group LLC purchased a new stake in shares of iShares Core Total USD Bond Market ETF in the 3rd quarter worth about $27,000. Team Financial Group LLC increased its stake in shares of iShares Core Total USD Bond Market ETF by 54.4% in the 3rd quarter. Team Financial Group LLC now owns 619 shares of the company’s stock worth $29,000 after acquiring an additional 218 shares in the last quarter. Chapman Financial Group LLC purchased a new position in iShares Core Total USD Bond Market ETF during the 3rd quarter valued at about $31,000. Collier Financial purchased a new position in iShares Core Total USD Bond Market ETF during the 3rd quarter valued at about $32,000. Finally, Richardson Capital Management LLC bought a new stake in iShares Core Total USD Bond Market ETF during the third quarter worth about $43,000.

iShares Core Total USD Bond Market ETF Stock Performance

Shares of IUSB opened at $46.30 on Friday. The stock has a market cap of $34.82 billion, a PE ratio of 10.80 and a beta of 0.26. iShares Core Total USD Bond Market ETF has a fifty-two week low of $44.74 and a fifty-two week high of $47.23. The firm’s 50-day simple moving average is $46.70 and its two-hundred day simple moving average is $46.71.

iShares Core Total USD Bond Market ETF Cuts Dividend

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

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.