Brookstone Capital Management Decreases Holdings in iShares Core Total USD Bond Market ETF $IUSB

Brookstone Capital Management trimmed its position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 8.0% in the 2nd quarter, Holdings Channel.com reports. The fund owned 541,681 shares of the company’s stock after selling 46,845 shares during the quarter. Brookstone Capital Management’s holdings in iShares Core Total USD Bond Market ETF were worth $25,042,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the company. Envestnet Asset Management Inc. boosted its stake in iShares Core Total USD Bond Market ETF by 0.7% in the first quarter. Envestnet Asset Management Inc. now owns 142,166,292 shares of the company’s stock valued at $6,551,023,000 after acquiring an additional 1,051,702 shares in the last quarter. Jones Financial Companies Lllp boosted its stake in iShares Core Total USD Bond Market ETF by 3.1% in the first quarter. Jones Financial Companies Lllp now owns 62,382,141 shares of the company’s stock valued at $2,868,351,000 after acquiring an additional 1,856,559 shares in the last quarter. LPL Financial LLC boosted its stake in iShares Core Total USD Bond Market ETF by 7.6% in the first quarter. LPL Financial LLC now owns 48,049,515 shares of the company’s stock valued at $2,214,122,000 after acquiring an additional 3,402,819 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in iShares Core Total USD Bond Market ETF by 5.2% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 22,986,670 shares of the company’s stock valued at $1,059,226,000 after acquiring an additional 1,127,521 shares in the last quarter. Finally, Ameriprise Financial Inc. boosted its stake in iShares Core Total USD Bond Market ETF by 4.3% in the first quarter. Ameriprise Financial Inc. now owns 10,859,467 shares of the company’s stock valued at $500,344,000 after acquiring an additional 450,361 shares in the last quarter.

iShares Core Total USD Bond Market ETF Stock Up 0.1%

Shares of IUSB opened at $47.10 on Wednesday. The company has a market cap of $33.40 billion, a price-to-earnings ratio of 10.80 and a beta of 0.15. iShares Core Total USD Bond Market ETF has a twelve month low of $44.67 and a twelve month high of $47.17. The company has a 50 day moving average of $46.60 and a two-hundred day moving average of $46.02.

iShares Core Total USD Bond Market ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Monday, October 6th. Shareholders of record on Wednesday, October 1st were paid a $0.1668 dividend. This represents a c) annualized dividend and a yield of 4.3%. This is a positive change from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16. The ex-dividend date was Wednesday, October 1st.

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.