iShares Core Total USD Bond Market ETF $IUSB Shares Sold by Town Capital LLC

Town Capital LLC decreased its holdings in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 78.1% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 5,915 shares of the company’s stock after selling 21,088 shares during the quarter. Town Capital LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $273,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. AQR Capital Management LLC lifted its holdings in shares of iShares Core Total USD Bond Market ETF by 9.9% during the 1st quarter. AQR Capital Management LLC now owns 60,249 shares of the company’s stock valued at $2,776,000 after acquiring an additional 5,416 shares in the last quarter. Goldman Sachs Group Inc. increased its holdings in iShares Core Total USD Bond Market ETF by 40.7% in the 1st 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 in the last quarter. M&T Bank Corp acquired a new stake in iShares Core Total USD Bond Market ETF in the 2nd quarter valued at $335,000. Brown Advisory Inc. purchased a new position in iShares Core Total USD Bond Market ETF in the second quarter valued at about $246,000. Finally, Qube Research & Technologies Ltd purchased a new position in iShares Core Total USD Bond Market ETF in the second quarter valued at about $167,000.

iShares Core Total USD Bond Market ETF Price Performance

Shares of IUSB opened at $45.45 on Monday. The stock’s 50-day moving average is $45.89 and its two-hundred day moving average is $46.24. The stock has a market cap of $43.04 billion, a PE ratio of 10.80 and a beta of 0.26. iShares Core Total USD Bond Market ETF has a 12 month low of $45.37 and a 12 month high of $47.23.

iShares Core Total USD Bond Market ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st were issued a dividend of $0.164 per share. This represents a c) annualized dividend and a dividend yield of 4.3%. The ex-dividend date was Wednesday, July 1st. This is an increase from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.15.

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.