Phillips Financial Management LLC Sells 11,598 Shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Phillips Financial Management LLC decreased its holdings in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 24.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 36,522 shares of the company’s stock after selling 11,598 shares during the quarter. Phillips Financial Management LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $1,651,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of IUSB. LPL Financial LLC boosted its stake in iShares Core Total USD Bond Market ETF by 20.3% in the 3rd quarter. LPL Financial LLC now owns 39,330,716 shares of the company’s stock worth $1,853,263,000 after purchasing an additional 6,632,679 shares in the last quarter. Jones Financial Companies Lllp raised its position 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 worth $2,735,756,000 after purchasing an additional 6,586,279 shares during the last quarter. Life Planning Partners Inc lifted its stake in iShares Core Total USD Bond Market ETF by 4,352.9% in the 4th quarter. Life Planning Partners Inc now owns 4,380,903 shares of the company’s stock worth $198,017,000 after purchasing an additional 4,282,520 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in iShares Core Total USD Bond Market ETF during the fourth quarter worth $183,980,000. Finally, JPMorgan Chase & Co. raised its stake in shares of iShares Core Total USD Bond Market ETF by 14.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 20,716,912 shares of the company’s stock valued at $976,181,000 after acquiring an additional 2,651,218 shares during the period.

iShares Core Total USD Bond Market ETF Price Performance

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

iShares Core Total USD Bond Market ETF Increases Dividend

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

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.