Claro Advisors LLC Sells 52,173 Shares of iShares Core Total USD Bond Market ETF $IUSB

Claro Advisors LLC reduced its position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 17.5% in the 2nd quarter, Holdings Channel reports. The firm owned 246,054 shares of the company’s stock after selling 52,173 shares during the quarter. iShares Core Total USD Bond Market ETF comprises approximately 1.9% of Claro Advisors LLC’s investment portfolio, making the stock its 12th biggest position. Claro Advisors LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $11,375,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Jones Financial Companies Lllp lifted its position 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 worth $2,868,351,000 after purchasing an additional 1,856,559 shares during the period. LPL Financial LLC lifted its position 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 worth $2,214,122,000 after purchasing an additional 3,402,819 shares during the period. Northwestern Mutual Wealth Management Co. lifted its position 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 worth $1,059,226,000 after purchasing an additional 1,127,521 shares during the period. Ameriprise Financial Inc. lifted its position 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 worth $500,344,000 after purchasing an additional 450,361 shares during the period. Finally, Bank of New York Mellon Corp lifted its holdings in shares of iShares Core Total USD Bond Market ETF by 0.7% during the second quarter. Bank of New York Mellon Corp now owns 9,064,233 shares of the company’s stock valued at $419,039,000 after acquiring an additional 63,877 shares during the period.

iShares Core Total USD Bond Market ETF Stock Performance

Shares of NASDAQ IUSB opened at $46.65 on Wednesday. The stock has a market cap of $33.16 billion, a PE ratio of 10.80 and a beta of 0.26. The business has a fifty day moving average of $46.75 and a two-hundred day moving average of $46.13. iShares Core Total USD Bond Market ETF has a 52-week low of $44.67 and a 52-week high of $47.20.

iShares Core Total USD Bond Market ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which will be paid on Thursday, November 6th. Shareholders of record on Monday, November 3rd will be issued a dividend of $0.1643 per share. The ex-dividend date of this dividend is Monday, November 3rd. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%.

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.