Allworth Financial LP Sells 66,418 Shares of iShares Core Total USD Bond Market ETF $IUSB

Allworth Financial LP lowered its holdings in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 2.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,542,343 shares of the company’s stock after selling 66,418 shares during the quarter. iShares Core Total USD Bond Market ETF makes up 0.5% of Allworth Financial LP’s portfolio, making the stock its 26th biggest holding. Allworth Financial LP owned approximately 0.36% of iShares Core Total USD Bond Market ETF worth $118,753,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. CIBC Private Wealth Group LLC purchased a new position in shares of iShares Core Total USD Bond Market ETF in the third quarter worth $27,000. Team Financial Group LLC grew its stake in iShares Core Total USD Bond Market ETF by 54.4% during the third quarter. Team Financial Group LLC now owns 619 shares of the company’s stock valued at $29,000 after acquiring an additional 218 shares in the last quarter. Chapman Financial Group LLC bought a new stake in iShares Core Total USD Bond Market ETF in the 3rd quarter valued at $31,000. Collier Financial bought a new stake in iShares Core Total USD Bond Market ETF in the 3rd quarter valued at $32,000. Finally, Richardson Capital Management LLC bought a new stake in iShares Core Total USD Bond Market ETF in the 3rd quarter valued at $43,000.

iShares Core Total USD Bond Market ETF Stock Down 0.4%

Shares of IUSB stock opened at $46.27 on Thursday. The company’s fifty day simple moving average is $46.71 and its two-hundred day simple moving average is $46.71. iShares Core Total USD Bond Market ETF has a 52 week low of $44.74 and a 52 week high of $47.23. The stock has a market cap of $34.80 billion, a P/E ratio of 10.80 and a beta of 0.26.

iShares Core Total USD Bond Market ETF Cuts Dividend

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

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.