Commonwealth Equity Services LLC Sells 388,928 Shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Commonwealth Equity Services LLC lessened its holdings in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 9.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 3,542,446 shares of the company’s stock after selling 388,928 shares during the quarter. Commonwealth Equity Services LLC owned 0.50% of iShares Core Total USD Bond Market ETF worth $160,119,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Madison Wealth Partners Inc raised its stake in shares of iShares Core Total USD Bond Market ETF by 9.8% in the 4th quarter. Madison Wealth Partners Inc now owns 5,029 shares of the company’s stock valued at $227,000 after purchasing an additional 450 shares during the period. Wintrust Investments LLC raised its stake in shares of iShares Core Total USD Bond Market ETF by 13.0% in the 4th quarter. Wintrust Investments LLC now owns 24,467 shares of the company’s stock valued at $1,105,000 after purchasing an additional 2,814 shares during the period. Essential Planning LLC. raised its stake in shares of iShares Core Total USD Bond Market ETF by 6,386.5% in the 4th quarter. Essential Planning LLC. now owns 1,621,888 shares of the company’s stock valued at $74,478,000 after purchasing an additional 1,596,884 shares during the period. Farther Finance Advisors LLC raised its stake in shares of iShares Core Total USD Bond Market ETF by 10.2% in the 4th quarter. Farther Finance Advisors LLC now owns 1,680,738 shares of the company’s stock valued at $75,969,000 after purchasing an additional 155,008 shares during the period. Finally, Sequoia Financial Advisors LLC acquired a new stake in shares of iShares Core Total USD Bond Market ETF in the 4th quarter valued at about $200,000.

iShares Core Total USD Bond Market ETF Price Performance

IUSB opened at $45.75 on Thursday. The company has a market capitalization of $32.54 billion, a price-to-earnings ratio of 16.77 and a beta of 0.15. The business’s 50-day moving average price is $45.47 and its two-hundred day moving average price is $45.95. iShares Core Total USD Bond Market ETF has a 1 year low of $44.21 and a 1 year high of $47.44.

iShares Core Total USD Bond Market ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were issued a dividend of $0.1553 per share. The ex-dividend date of this dividend was Monday, March 3rd. This is a boost from iShares Core Total USD Bond Market ETF’s previous dividend of $0.15.

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.