Mutual Advisors LLC Sells 91,838 Shares of iShares Core Total USD Bond Market ETF $IUSB

Mutual Advisors LLC lessened its stake in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 24.0% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 291,381 shares of the company’s stock after selling 91,838 shares during the period. Mutual Advisors LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $13,389,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. CX Institutional acquired a new stake in shares of iShares Core Total USD Bond Market ETF during the 1st quarter worth $41,000. AlphaCore Capital LLC acquired a new position in iShares Core Total USD Bond Market ETF in the first quarter valued at about $47,000. N.E.W. Advisory Services LLC bought a new stake in iShares Core Total USD Bond Market ETF during the first quarter worth about $50,000. NorthRock Partners LLC lifted its position in iShares Core Total USD Bond Market ETF by 379.1% during the first quarter. NorthRock Partners LLC now owns 1,418 shares of the company’s stock worth $65,000 after purchasing an additional 1,122 shares during the period. Finally, Quest 10 Wealth Builders Inc. grew its stake in iShares Core Total USD Bond Market ETF by 233.9% during the first quarter. Quest 10 Wealth Builders Inc. now owns 1,666 shares of the company’s stock worth $77,000 after buying an additional 1,167 shares in the last quarter.

iShares Core Total USD Bond Market ETF Stock Up 0.1%

IUSB stock opened at $46.90 on Wednesday. The company’s 50-day moving average price is $46.51 and its two-hundred day moving average price is $45.99. The firm has a market cap of $33.22 billion, a P/E ratio of 10.80 and a beta of 0.15. iShares Core Total USD Bond Market ETF has a 12 month low of $44.67 and a 12 month high of $47.03.

iShares Core Total USD Bond Market ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, October 6th. Shareholders of record on Wednesday, October 1st were given a dividend of $0.1668 per share. This is an increase from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16. This represents a c) annualized dividend and a yield of 4.3%. The ex-dividend date was Wednesday, October 1st.

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.