Cypress Wealth Services LLC Reduces Position in iShares Core Total USD Bond Market ETF $IUSB

Cypress Wealth Services LLC trimmed its holdings in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 12.9% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 141,959 shares of the company’s stock after selling 21,000 shares during the quarter. iShares Core Total USD Bond Market ETF comprises approximately 1.1% of Cypress Wealth Services LLC’s portfolio, making the stock its 22nd largest holding. Cypress Wealth Services LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $6,631,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Team Financial Group LLC increased its holdings in shares of iShares Core Total USD Bond Market ETF by 54.4% in the third quarter. Team Financial Group LLC now owns 619 shares of the company’s stock valued at $29,000 after purchasing an additional 218 shares during the last quarter. Anchor Investment Management LLC purchased a new stake in iShares Core Total USD Bond Market ETF in the 2nd quarter valued at $51,000. Atlantic Union Bankshares Corp purchased a new stake in iShares Core Total USD Bond Market ETF in the 2nd quarter valued at $52,000. Key Financial Inc increased its stake in shares of iShares Core Total USD Bond Market ETF by 30.2% in the 2nd quarter. Key Financial Inc now owns 1,185 shares of the company’s stock worth $55,000 after acquiring an additional 275 shares during the last quarter. Finally, Investors Research Corp raised its holdings in shares of iShares Core Total USD Bond Market ETF by 111.7% during the 3rd quarter. Investors Research Corp now owns 1,391 shares of the company’s stock worth $65,000 after acquiring an additional 734 shares during the period.

iShares Core Total USD Bond Market ETF Stock Performance

Shares of IUSB opened at $46.50 on Wednesday. iShares Core Total USD Bond Market ETF has a 12-month low of $44.67 and a 12-month high of $47.20. The firm has a market capitalization of $33.05 billion, a P/E ratio of 10.80 and a beta of 0.26. The firm has a 50-day moving average price of $46.77 and a 200 day moving average price of $46.41.

iShares Core Total USD Bond Market ETF Increases Dividend

The company also recently declared a monthly dividend, which will be paid on Wednesday, December 24th. Stockholders of record on Friday, December 19th will be paid a $0.1648 dividend. This is a positive change 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) annualized dividend and a dividend yield of 4.3%.

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.