KWB Wealth Decreases Stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

KWB Wealth lowered its position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 23.2% in the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 254,806 shares of the company’s stock after selling 76,914 shares during the quarter. iShares Core Total USD Bond Market ETF comprises 1.4% of KWB Wealth’s investment portfolio, making the stock its 17th largest holding. KWB Wealth’s holdings in iShares Core Total USD Bond Market ETF were worth $11,517,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the company. Jones Financial Companies Lllp increased its holdings in iShares Core Total USD Bond Market ETF by 12.2% in the 4th quarter. Jones Financial Companies Lllp now owns 60,525,582 shares of the company’s stock worth $2,735,756,000 after acquiring an additional 6,586,279 shares during the last quarter. LPL Financial LLC boosted its stake in iShares Core Total USD Bond Market ETF by 13.5% in the 4th quarter. LPL Financial LLC now owns 44,646,696 shares of the company’s stock worth $2,018,031,000 after purchasing an additional 5,315,980 shares during the period. Wells Fargo & Company MN boosted its stake in iShares Core Total USD Bond Market ETF by 6.2% in the 4th quarter. Wells Fargo & Company MN now owns 42,531,915 shares of the company’s stock worth $1,922,443,000 after purchasing an additional 2,496,641 shares during the period. JPMorgan Chase & Co. boosted its stake in iShares Core Total USD Bond Market ETF by 14.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 20,716,912 shares of the company’s stock worth $976,181,000 after purchasing an additional 2,651,218 shares during the period. Finally, Ameriprise Financial Inc. boosted its stake in iShares Core Total USD Bond Market ETF by 1.9% in the 4th quarter. Ameriprise Financial Inc. now owns 10,409,106 shares of the company’s stock worth $470,405,000 after purchasing an additional 197,710 shares during the period.

iShares Core Total USD Bond Market ETF Stock Up 0.6%

Shares of NASDAQ IUSB opened at $45.66 on Thursday. iShares Core Total USD Bond Market ETF has a 52 week low of $44.67 and a 52 week high of $47.44. The business has a 50-day simple moving average of $45.58 and a two-hundred day simple moving average of $45.58. The company has a market cap of $32.86 billion, a P/E ratio of 10.82 and a beta of 0.15.

iShares Core Total USD Bond Market ETF Increases Dividend

The firm also recently declared a dividend, which will be paid on Thursday, June 5th. Stockholders of record on Monday, June 2nd will be given a dividend of $0.1651 per share. The ex-dividend date of this dividend is Monday, June 2nd. This is an increase from iShares Core Total USD Bond Market ETF’s previous dividend of $0.16.

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.