Horst & Graben Wealth Management LLC Cuts Holdings in iShares Core Total USD Bond Market ETF $IUSB

Horst & Graben Wealth Management LLC reduced its position in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 19.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 546,080 shares of the company’s stock after selling 128,217 shares during the period. iShares Core Total USD Bond Market ETF comprises about 3.9% of Horst & Graben Wealth Management LLC’s investment portfolio, making the stock its 6th largest holding. Horst & Graben Wealth Management LLC owned 0.08% of iShares Core Total USD Bond Market ETF worth $25,507,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the company. Randall & Associates Wealth Management lifted its stake in iShares Core Total USD Bond Market ETF by 23.8% in the 3rd quarter. Randall & Associates Wealth Management now owns 135,453 shares of the company’s stock valued at $6,327,000 after acquiring an additional 25,999 shares in the last quarter. Independent Wealth Network Inc. acquired a new stake in shares of iShares Core Total USD Bond Market ETF in the third quarter valued at approximately $229,000. JGP Wealth Management LLC bought a new stake in shares of iShares Core Total USD Bond Market ETF in the third quarter worth $206,000. Triangle Securities Wealth Management lifted its position in shares of iShares Core Total USD Bond Market ETF by 1.5% in the third quarter. Triangle Securities Wealth Management now owns 190,931 shares of the company’s stock worth $8,918,000 after purchasing an additional 2,787 shares in the last quarter. Finally, Stanich Group LLC acquired a new position in iShares Core Total USD Bond Market ETF during the third quarter worth $585,000.

iShares Core Total USD Bond Market ETF Trading Up 0.2%

iShares Core Total USD Bond Market ETF stock opened at $46.62 on Friday. iShares Core Total USD Bond Market ETF has a 1-year low of $44.67 and a 1-year high of $47.20. The company has a fifty day simple moving average of $46.76 and a 200 day simple moving average of $46.42. The company has a market cap of $33.13 billion, a P/E ratio of 10.80 and a beta of 0.26.

iShares Core Total USD Bond Market ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, December 24th. Stockholders of record on Friday, December 19th were issued a $0.1648 dividend. This represents a c) annualized dividend and a dividend yield of 4.2%. The ex-dividend date was Friday, December 19th. This is a positive change from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16.

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.