Redwood Financial Network Corp Has $218,000 Stock Position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Redwood Financial Network Corp lessened its position in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 12.5% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 4,823 shares of the company’s stock after selling 686 shares during the quarter. Redwood Financial Network Corp’s holdings in iShares Core Total USD Bond Market ETF were worth $218,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. JPMorgan Chase & Co. increased its position in shares of iShares Core Total USD Bond Market ETF by 14.7% during the third quarter. JPMorgan Chase & Co. now owns 20,716,912 shares of the company’s stock worth $976,181,000 after buying an additional 2,651,218 shares during the period. First Financial Corp IN acquired a new stake in iShares Core Total USD Bond Market ETF during the 4th quarter worth about $35,000. Accurate Wealth Management LLC raised its position in shares of iShares Core Total USD Bond Market ETF by 1.8% in the 4th quarter. Accurate Wealth Management LLC now owns 22,721 shares of the company’s stock worth $1,017,000 after acquiring an additional 403 shares in the last quarter. Pines Wealth Management LLC acquired a new position in shares of iShares Core Total USD Bond Market ETF in the 4th quarter valued at about $2,933,000. Finally, Thurston Springer Miller Herd & Titak Inc. boosted its position in shares of iShares Core Total USD Bond Market ETF by 533.3% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,311 shares of the company’s stock valued at $59,000 after purchasing an additional 1,104 shares in the last quarter.

iShares Core Total USD Bond Market ETF Stock Performance

Shares of IUSB stock opened at $45.26 on Thursday. iShares Core Total USD Bond Market ETF has a fifty-two week low of $44.59 and a fifty-two week high of $47.44. The stock has a 50 day simple moving average of $45.71 and a two-hundred day simple moving average of $45.61. The company has a market cap of $32.57 billion, a P/E ratio of 10.76 and a beta of 0.15.

iShares Core Total USD Bond Market ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, May 6th. Stockholders of record on Thursday, May 1st were given a dividend of $0.1612 per share. This is an increase from iShares Core Total USD Bond Market ETF’s previous dividend of $0.16. The ex-dividend date was Thursday, May 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.