KWB Wealth Lowers Holdings in iShares Core Total USD Bond Market ETF $IUSB

KWB Wealth lowered its position in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 6.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 456,365 shares of the company’s stock after selling 33,323 shares during the period. iShares Core Total USD Bond Market ETF comprises approximately 2.0% of KWB Wealth’s holdings, making the stock its 14th largest holding. KWB Wealth owned about 0.06% of iShares Core Total USD Bond Market ETF worth $21,239,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in IUSB. CIBC Private Wealth Group LLC purchased a new stake in iShares Core Total USD Bond Market ETF in the third quarter worth about $27,000. Team Financial Group LLC increased its position in iShares Core Total USD Bond Market ETF by 54.4% during the 3rd quarter. Team Financial Group LLC now owns 619 shares of the company’s stock valued at $29,000 after purchasing an additional 218 shares during the period. Chapman Financial Group LLC bought a new stake in shares of iShares Core Total USD Bond Market ETF in the 3rd quarter valued at about $31,000. Collier Financial bought a new stake in shares of iShares Core Total USD Bond Market ETF in the 3rd quarter valued at about $32,000. Finally, Richardson Capital Management LLC purchased a new stake in shares of iShares Core Total USD Bond Market ETF in the 3rd quarter worth approximately $43,000.

iShares Core Total USD Bond Market ETF Stock Performance

NASDAQ IUSB opened at $46.10 on Tuesday. The company has a market cap of $34.67 billion, a PE ratio of 10.80 and a beta of 0.26. The firm’s 50 day moving average price is $46.68 and its 200-day moving average price is $46.71. iShares Core Total USD Bond Market ETF has a 52-week low of $44.74 and a 52-week high of $47.23.

iShares Core Total USD Bond Market ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were issued a dividend of $0.1573 per share. The ex-dividend date was Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 4.1%.

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.