iShares Core Total USD Bond Market ETF $IUSB Shares Sold by Bank of New York Mellon Corp

Bank of New York Mellon Corp reduced its position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 1.2% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 8,953,599 shares of the company’s stock after selling 110,634 shares during the period. Bank of New York Mellon Corp owned approximately 1.26% of iShares Core Total USD Bond Market ETF worth $418,223,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of IUSB. Avidian Wealth Enterprises LLC grew its position in shares of iShares Core Total USD Bond Market ETF by 3.0% in the 2nd quarter. Avidian Wealth Enterprises LLC now owns 1,000,740 shares of the company’s stock worth $46,264,000 after acquiring an additional 28,709 shares in the last quarter. Acorn Wealth Advisors LLC acquired a new stake in shares of iShares Core Total USD Bond Market ETF during the 3rd quarter valued at approximately $624,000. B. Riley Wealth Advisors Inc. bought a new position in iShares Core Total USD Bond Market ETF during the second quarter worth $6,423,000. First Command Advisory Services Inc. boosted its holdings in iShares Core Total USD Bond Market ETF by 5.4% in the third quarter. First Command Advisory Services Inc. now owns 2,210,825 shares of the company’s stock worth $103,268,000 after purchasing an additional 112,933 shares during the period. Finally, Apella Capital LLC boosted its holdings in iShares Core Total USD Bond Market ETF by 28.1% in the third quarter. Apella Capital LLC now owns 662,537 shares of the company’s stock worth $31,159,000 after purchasing an additional 145,220 shares during the period.

iShares Core Total USD Bond Market ETF Stock Performance

Shares of NASDAQ:IUSB opened at $46.68 on Friday. The company’s fifty day moving average is $46.66 and its two-hundred day moving average is $46.56. iShares Core Total USD Bond Market ETF has a 1-year low of $44.74 and a 1-year high of $47.20. The stock has a market capitalization of $34.94 billion, a price-to-earnings ratio of 10.80 and a beta of 0.26.

iShares Core Total USD Bond Market ETF Increases Dividend

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

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.