Parsons Capital Management Inc. RI Sells 12,711 Shares of iShares Core Total USD Bond Market ETF $IUSB

Parsons Capital Management Inc. RI trimmed its position in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 51.7% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 11,854 shares of the company’s stock after selling 12,711 shares during the quarter. Parsons Capital Management Inc. RI’s holdings in iShares Core Total USD Bond Market ETF were worth $554,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of the stock. Northwestern Mutual Wealth Management Co. boosted its position in shares of iShares Core Total USD Bond Market ETF by 5.8% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 24,317,154 shares of the company’s stock worth $1,124,182,000 after purchasing an additional 1,330,484 shares during the period. JPMorgan Chase & Co. boosted its holdings in iShares Core Total USD Bond Market ETF by 3.4% in the 2nd quarter. JPMorgan Chase & Co. now owns 18,782,389 shares of the company’s stock worth $868,310,000 after buying an additional 618,328 shares during the period. Ameriprise Financial Inc. increased its stake in iShares Core Total USD Bond Market ETF by 0.7% in the 2nd quarter. Ameriprise Financial Inc. now owns 10,935,323 shares of the company’s stock worth $505,179,000 after buying an additional 75,856 shares in the last quarter. Bank of New York Mellon Corp raised its holdings in 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. Finally, SigFig Wealth Management LLC lifted its position in shares of iShares Core Total USD Bond Market ETF by 7.4% in the third quarter. SigFig Wealth Management LLC now owns 4,424,772 shares of the company’s stock valued at $206,681,000 after acquiring an additional 303,906 shares in the last quarter.

iShares Core Total USD Bond Market ETF Trading Up 0.3%

NASDAQ:IUSB opened at $46.61 on Thursday. The stock has a 50-day moving average price of $46.66 and a 200 day moving average price of $46.52. The stock has a market capitalization of $34.75 billion, a P/E ratio of 10.80 and a beta of 0.26. iShares Core Total USD Bond Market ETF has a 12-month low of $44.74 and a 12-month high of $47.20.

iShares Core Total USD Bond Market ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, December 24th. Shareholders of record on Friday, December 19th were given a dividend of $0.1648 per share. This represents a c) annualized dividend and a yield of 4.2%. This is an increase from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16. The ex-dividend date was Friday, December 19th.

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.