iShares Core Total USD Bond Market ETF $IUSB Shares Sold by Kestra Investment Management LLC

Kestra Investment Management LLC trimmed its holdings in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 0.4% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 4,135,251 shares of the company’s stock after selling 18,275 shares during the period. iShares Core Total USD Bond Market ETF accounts for about 6.0% of Kestra Investment Management LLC’s holdings, making the stock its 2nd biggest holding. Kestra Investment Management LLC owned 0.57% of iShares Core Total USD Bond Market ETF worth $190,552,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. LPL Financial LLC raised its stake in iShares Core Total USD Bond Market ETF by 7.6% during the first quarter. LPL Financial LLC now owns 48,049,515 shares of the company’s stock worth $2,214,122,000 after purchasing an additional 3,402,819 shares during the period. Jones Financial Companies Lllp increased its holdings in shares of iShares Core Total USD Bond Market ETF by 2.3% during the 1st quarter. Jones Financial Companies Lllp now owns 61,946,480 shares of the company’s stock worth $2,847,237,000 after buying an additional 1,420,898 shares during the last quarter. Baker Avenue Asset Management LP acquired a new stake in shares of iShares Core Total USD Bond Market ETF during the 1st quarter worth approximately $56,347,000. Sofi Wealth LLC increased its holdings in shares of iShares Core Total USD Bond Market ETF by 4,501.0% during the 1st quarter. Sofi Wealth LLC now owns 1,241,951 shares of the company’s stock worth $57,229,000 after buying an additional 1,214,958 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its holdings in shares of iShares Core Total USD Bond Market ETF by 5.2% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 22,986,670 shares of the company’s stock worth $1,059,226,000 after buying an additional 1,127,521 shares during the last quarter.

iShares Core Total USD Bond Market ETF Price Performance

Shares of NASDAQ IUSB opened at $46.64 on Friday. The company has a 50 day simple moving average of $46.07 and a 200-day simple moving average of $45.83. The company has a market capitalization of $33.64 billion, a P/E ratio of 10.80 and a beta of 0.15. iShares Core Total USD Bond Market ETF has a 1 year low of $44.67 and a 1 year high of $47.44.

iShares Core Total USD Bond Market ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Friday, September 5th. Stockholders of record on Tuesday, September 2nd were issued a dividend of $0.1636 per share. The ex-dividend date was Tuesday, September 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%.

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.