RDA Financial Network Sells 7,038 Shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

RDA Financial Network cut its stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 13.2% in the 1st quarter, Holdings Channel.com reports. The fund owned 46,138 shares of the company’s stock after selling 7,038 shares during the quarter. RDA Financial Network’s holdings in iShares Core Total USD Bond Market ETF were worth $2,126,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of IUSB. Patriot Financial Group Insurance Agency LLC boosted its stake in shares of iShares Core Total USD Bond Market ETF by 22.6% during the first quarter. Patriot Financial Group Insurance Agency LLC now owns 158,951 shares of the company’s stock valued at $7,324,000 after purchasing an additional 29,299 shares in the last quarter. LexAurum Advisors LLC lifted its stake in shares of iShares Core Total USD Bond Market ETF by 6.9% in the 1st quarter. LexAurum Advisors LLC now owns 35,430 shares of the company’s stock valued at $1,633,000 after purchasing an additional 2,296 shares during the period. Impact Capital Partners LLC bought a new position in shares of iShares Core Total USD Bond Market ETF during the 1st quarter worth approximately $306,000. Mason & Associates LLC grew its holdings in iShares Core Total USD Bond Market ETF by 4.8% in the first quarter. Mason & Associates LLC now owns 2,693,402 shares of the company’s stock worth $124,112,000 after purchasing an additional 122,407 shares during the period. Finally, Nixon Peabody Trust Co. acquired a new stake in shares of iShares Core Total USD Bond Market ETF in the 1st quarter valued at about $631,000.

iShares Core Total USD Bond Market ETF Price Performance

NASDAQ:IUSB opened at $45.35 on Friday. iShares Core Total USD Bond Market ETF has a one year low of $44.67 and a one year high of $47.44. The company has a market cap of $32.64 billion, a PE ratio of 10.82 and a beta of 0.15. The firm has a 50-day moving average of $45.56 and a 200-day moving average of $45.58.

iShares Core Total USD Bond Market ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, June 5th. Investors of record on Monday, June 2nd were issued a $0.1651 dividend. The ex-dividend date of this dividend was Monday, June 2nd. This is a boost from iShares Core Total USD Bond Market ETF’s previous 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.