Lifelong Wealth Advisors Inc. Sells 11,476 Shares of iShares Core Total USD Bond Market ETF $IUSB

Lifelong Wealth Advisors Inc. trimmed its position in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 13.7% during the 4th quarter, HoldingsChannel.com reports. The firm owned 72,458 shares of the company’s stock after selling 11,476 shares during the quarter. iShares Core Total USD Bond Market ETF makes up about 0.9% of Lifelong Wealth Advisors Inc.’s portfolio, making the stock its 22nd biggest position. Lifelong Wealth Advisors Inc.’s holdings in iShares Core Total USD Bond Market ETF were worth $3,372,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently added to or reduced their stakes in the company. CIBC Private Wealth Group LLC purchased a new stake in iShares Core Total USD Bond Market ETF in the 3rd quarter worth about $27,000. Team Financial Group LLC boosted its position in shares of iShares Core Total USD Bond Market ETF by 54.4% during the third quarter. Team Financial Group LLC now owns 619 shares of the company’s stock valued at $29,000 after buying an additional 218 shares during the period. Chapman Financial Group LLC bought a new position in shares of iShares Core Total USD Bond Market ETF during the third quarter valued at approximately $31,000. Collier Financial bought a new position in shares of iShares Core Total USD Bond Market ETF during the third quarter valued at approximately $32,000. Finally, Richardson Capital Management LLC purchased a new stake in shares of iShares Core Total USD Bond Market ETF in the third quarter worth approximately $43,000.

iShares Core Total USD Bond Market ETF Stock Performance

Shares of NASDAQ IUSB opened at $45.97 on Wednesday. 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 company has a market cap of $34.57 billion, a price-to-earnings ratio of 10.80 and a beta of 0.26. The business’s 50 day moving average price is $46.66 and its 200-day moving average price is $46.71.

iShares Core Total USD Bond Market ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were paid a $0.1573 dividend. The ex-dividend date was Monday, March 2nd. This represents a c) dividend on an annualized basis and a 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.