Comerica Bank Sells 21,065 Shares of iShares Core Total USD Bond Market ETF $IUSB

Comerica Bank trimmed its stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 6.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 301,869 shares of the company’s stock after selling 21,065 shares during the period. Comerica Bank’s holdings in iShares Core Total USD Bond Market ETF were worth $14,049,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of IUSB. Jones Financial Companies Lllp increased its position in shares of iShares Core Total USD Bond Market ETF by 6.9% in the third quarter. Jones Financial Companies Lllp now owns 71,364,109 shares of the company’s stock worth $3,327,011,000 after purchasing an additional 4,589,650 shares during the last quarter. Symmetry Partners LLC bought a new position in shares of iShares Core Total USD Bond Market ETF in the fourth quarter worth approximately $104,011,000. Northwestern Mutual Wealth Management Co. increased its position in shares of iShares Core Total USD Bond Market ETF by 8.1% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 26,298,023 shares of the company’s stock worth $1,228,381,000 after purchasing an additional 1,980,869 shares during the last quarter. Thrivent Financial for Lutherans increased its position in shares of iShares Core Total USD Bond Market ETF by 3,347.5% in the third quarter. Thrivent Financial for Lutherans now owns 1,862,672 shares of the company’s stock worth $87,006,000 after purchasing an additional 1,808,643 shares during the last quarter. Finally, Mariner LLC increased its position in shares of iShares Core Total USD Bond Market ETF by 11.5% in the third quarter. Mariner LLC now owns 14,004,882 shares of the company’s stock worth $654,168,000 after purchasing an additional 1,449,320 shares during the last quarter.

iShares Core Total USD Bond Market ETF Stock Performance

IUSB stock opened at $46.33 on Wednesday. The company’s 50 day moving average is $46.45 and its 200 day moving average is $46.63. The stock has a market cap of $36.50 billion, a price-to-earnings ratio of 10.80 and a beta of 0.28. iShares Core Total USD Bond Market ETF has a 1-year low of $45.07 and a 1-year high of $47.23.

iShares Core Total USD Bond Market ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, April 7th. Investors of record on Wednesday, April 1st were issued a dividend of $0.1645 per share. The ex-dividend date of this dividend was Wednesday, April 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%. This is a positive change from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16.

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.