Baron Silver Stevens Financial Advisors LLC Reduces Stock Position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Baron Silver Stevens Financial Advisors LLC trimmed its holdings in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 3.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 7,280 shares of the company’s stock after selling 291 shares during the quarter. Baron Silver Stevens Financial Advisors LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $329,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. LPL Financial LLC raised its holdings in shares of iShares Core Total USD Bond Market ETF by 20.3% in the third quarter. LPL Financial LLC now owns 39,330,716 shares of the company’s stock worth $1,853,263,000 after buying an additional 6,632,679 shares during the period. CWM LLC grew its position in shares of iShares Core Total USD Bond Market ETF by 19.5% in the 3rd quarter. CWM LLC now owns 21,325,421 shares of the company’s stock worth $1,004,854,000 after buying an additional 3,483,112 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of iShares Core Total USD Bond Market ETF by 14.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 20,716,912 shares of the company’s stock valued at $976,181,000 after purchasing an additional 2,651,218 shares during the last quarter. Park Avenue Securities LLC boosted its holdings in iShares Core Total USD Bond Market ETF by 17.8% in the third quarter. Park Avenue Securities LLC now owns 12,498,157 shares of the company’s stock worth $588,913,000 after acquiring an additional 1,890,434 shares in the last quarter. Finally, Janney Montgomery Scott LLC increased its stake in iShares Core Total USD Bond Market ETF by 18.1% during the 3rd quarter. Janney Montgomery Scott LLC now owns 9,687,022 shares of the company’s stock valued at $456,453,000 after purchasing an additional 1,484,171 shares in the last quarter.

iShares Core Total USD Bond Market ETF Price Performance

Shares of IUSB stock opened at $45.27 on Thursday. iShares Core Total USD Bond Market ETF has a fifty-two week low of $44.21 and a fifty-two week high of $47.44. The stock’s 50-day simple moving average is $45.47 and its 200-day simple moving average is $46.06.

iShares Core Total USD Bond Market ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were issued a dividend of $0.1605 per share. The ex-dividend date of this dividend was Wednesday, December 18th. This is an increase from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16. This represents a $1.93 dividend on an annualized basis and a yield of 4.25%.

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.