iShares Core Total USD Bond Market ETF $IUSB Shares Sold by Bay Harbor Wealth Management LLC

Bay Harbor Wealth Management LLC trimmed its stake in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 12.8% in the third quarter, according to the company in its most recent filing with the SEC. The firm owned 448,194 shares of the company’s stock after selling 65,967 shares during the quarter. iShares Core Total USD Bond Market ETF comprises about 5.7% of Bay Harbor Wealth Management LLC’s portfolio, making the stock its 4th biggest holding. Bay Harbor Wealth Management LLC owned approximately 0.06% of iShares Core Total USD Bond Market ETF worth $20,935,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently modified their holdings of the stock. Cresset Asset Management LLC grew its stake in iShares Core Total USD Bond Market ETF by 30.1% during the first quarter. Cresset Asset Management LLC now owns 27,133 shares of the company’s stock worth $1,250,000 after buying an additional 6,285 shares in the last quarter. Tiemann Investment Advisors LLC lifted its holdings in shares of iShares Core Total USD Bond Market ETF by 9.0% during the 1st quarter. Tiemann Investment Advisors LLC now owns 286,732 shares of the company’s stock worth $13,213,000 after acquiring an additional 23,600 shares during the period. Summit Financial LLC boosted its position in shares of iShares Core Total USD Bond Market ETF by 109.4% during the 1st quarter. Summit Financial LLC now owns 501,831 shares of the company’s stock worth $23,124,000 after acquiring an additional 262,180 shares in the last quarter. CW Advisors LLC bought a new position in iShares Core Total USD Bond Market ETF in the first quarter valued at approximately $918,000. Finally, Ameriprise Financial Inc. increased its stake in iShares Core Total USD Bond Market ETF by 4.3% in the first quarter. Ameriprise Financial Inc. now owns 10,859,467 shares of the company’s stock valued at $500,344,000 after acquiring an additional 450,361 shares during the last quarter.

iShares Core Total USD Bond Market ETF Price Performance

Shares of IUSB opened at $46.75 on Friday. The firm has a 50 day simple moving average of $46.79 and a two-hundred day simple moving average of $46.38. iShares Core Total USD Bond Market ETF has a one year low of $44.67 and a one year high of $47.20. The company has a market cap of $33.23 billion, a P/E ratio of 10.80 and a beta of 0.26.

iShares Core Total USD Bond Market ETF Increases Dividend

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

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.