ORG Partners LLC Sells 433,661 Shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

ORG Partners LLC reduced its stake in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 81.6% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 97,928 shares of the company’s stock after selling 433,661 shares during the quarter. iShares Core Total USD Bond Market ETF makes up about 1.1% of ORG Partners LLC’s holdings, making the stock its 16th biggest holding. ORG Partners LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $4,503,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Jones Financial Companies Lllp boosted its stake in shares of iShares Core Total USD Bond Market ETF by 12.2% during the 4th quarter. Jones Financial Companies Lllp now owns 60,525,582 shares of the company’s stock valued at $2,735,756,000 after purchasing an additional 6,586,279 shares in the last quarter. LPL Financial LLC lifted its holdings in iShares Core Total USD Bond Market ETF by 13.5% in the fourth quarter. LPL Financial LLC now owns 44,646,696 shares of the company’s stock worth $2,018,031,000 after buying an additional 5,315,980 shares during the period. Wells Fargo & Company MN boosted its position in iShares Core Total USD Bond Market ETF by 6.2% during the 4th quarter. Wells Fargo & Company MN now owns 42,531,915 shares of the company’s stock valued at $1,922,443,000 after acquiring an additional 2,496,641 shares in the last quarter. Ameriprise Financial Inc. boosted its position in iShares Core Total USD Bond Market ETF by 1.9% during the 4th quarter. Ameriprise Financial Inc. now owns 10,409,106 shares of the company’s stock valued at $470,405,000 after acquiring an additional 197,710 shares in the last quarter. Finally, Mariner LLC grew its holdings in shares of iShares Core Total USD Bond Market ETF by 17.8% during the 4th quarter. Mariner LLC now owns 9,718,320 shares of the company’s stock worth $439,268,000 after acquiring an additional 1,466,593 shares during the period.

iShares Core Total USD Bond Market ETF Stock Performance

Shares of NASDAQ:IUSB opened at $45.72 on Friday. iShares Core Total USD Bond Market ETF has a 52-week low of $44.67 and a 52-week high of $47.44. The firm has a market capitalization of $32.90 billion, a P/E ratio of 10.80 and a beta of 0.15. The stock has a 50 day moving average price of $45.54 and a 200-day moving average price of $45.57.

iShares Core Total USD Bond Market ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, June 5th. Shareholders of record on Monday, June 2nd were issued a $0.1651 dividend. This is an increase from iShares Core Total USD Bond Market ETF’s previous dividend of $0.16. The ex-dividend date was Monday, June 2nd.

iShares Core Total USD Bond Market ETF 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.