Focus Partners Advisor Solutions LLC Sells 62,906 Shares of iShares Core Total USD Bond Market ETF $IUSB

Focus Partners Advisor Solutions LLC lowered its stake in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 85.0% in the third quarter, according to its most recent 13F filing with the SEC. The fund owned 11,093 shares of the company’s stock after selling 62,906 shares during the period. Focus Partners Advisor Solutions LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $518,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Kingsview Wealth Management LLC lifted its holdings in shares of iShares Core Total USD Bond Market ETF by 1,348.5% in the third quarter. Kingsview Wealth Management LLC now owns 239,509 shares of the company’s stock valued at $11,187,000 after purchasing an additional 222,974 shares in the last quarter. Fisher Asset Management LLC grew its holdings in iShares Core Total USD Bond Market ETF by 98.0% during the third quarter. Fisher Asset Management LLC now owns 10,076 shares of the company’s stock worth $471,000 after buying an additional 4,987 shares in the last quarter. RFP Financial Group LLC raised its position in iShares Core Total USD Bond Market ETF by 16.6% in the 3rd quarter. RFP Financial Group LLC now owns 10,422 shares of the company’s stock valued at $471,000 after buying an additional 1,486 shares during the last quarter. Trivium Point Advisory LLC raised its position in iShares Core Total USD Bond Market ETF by 3.6% in the 3rd quarter. Trivium Point Advisory LLC now owns 172,938 shares of the company’s stock valued at $8,078,000 after buying an additional 6,086 shares during the last quarter. Finally, Brand Asset Management Group Inc. bought a new position in iShares Core Total USD Bond Market ETF during the 3rd quarter valued at $248,000.

iShares Core Total USD Bond Market ETF Price Performance

IUSB opened at $46.59 on Monday. The company has a market capitalization of $35.04 billion, a price-to-earnings ratio of 10.80 and a beta of 0.26. The firm’s fifty day moving average price is $46.74 and its two-hundred day moving average price is $46.71. iShares Core Total USD Bond Market ETF has a 1 year low of $44.74 and a 1 year high of $47.23.

iShares Core Total USD Bond Market ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were given a dividend of $0.1573 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date of this dividend was Monday, March 2nd.

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.