Sound Income Strategies LLC Sells 3,543 Shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Sound Income Strategies LLC lowered its stake in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 12.5% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 24,910 shares of the company’s stock after selling 3,543 shares during the period. Sound Income Strategies LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $1,148,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Jones Financial Companies Lllp grew its holdings in iShares Core Total USD Bond Market ETF by 12.2% during the fourth quarter. Jones Financial Companies Lllp now owns 60,525,582 shares of the company’s stock worth $2,735,756,000 after purchasing an additional 6,586,279 shares during the period. LPL Financial LLC boosted its stake in shares of iShares Core Total USD Bond Market ETF by 13.5% during the 4th quarter. LPL Financial LLC now owns 44,646,696 shares of the company’s stock worth $2,018,031,000 after acquiring an additional 5,315,980 shares during the period. Wells Fargo & Company MN increased its holdings in shares of iShares Core Total USD Bond Market ETF by 6.2% during the 4th quarter. Wells Fargo & Company MN now owns 42,531,915 shares of the company’s stock worth $1,922,443,000 after acquiring an additional 2,496,641 shares during the last quarter. Ameriprise Financial Inc. increased its holdings in shares of iShares Core Total USD Bond Market ETF by 1.9% during the 4th quarter. Ameriprise Financial Inc. now owns 10,409,106 shares of the company’s stock worth $470,405,000 after acquiring an additional 197,710 shares during the last quarter. Finally, Mariner LLC raised its stake in iShares Core Total USD Bond Market ETF by 17.8% in the 4th quarter. Mariner LLC now owns 9,718,320 shares of the company’s stock valued at $439,268,000 after acquiring an additional 1,466,593 shares during the period.

iShares Core Total USD Bond Market ETF Price Performance

IUSB stock opened at $45.64 on Monday. iShares Core Total USD Bond Market ETF has a one year low of $44.67 and a one year high of $47.44. The stock has a market cap of $32.85 billion, a price-to-earnings ratio of 10.80 and a beta of 0.15. The company has a fifty day moving average price of $45.53 and a two-hundred day moving average price of $45.57.

iShares Core Total USD Bond Market ETF Increases Dividend

The business also recently announced a dividend, which was paid on Thursday, June 5th. Investors of record on Monday, June 2nd were issued a dividend of $0.1651 per share. This is an increase from iShares Core Total USD Bond Market ETF’s previous dividend of $0.16. The ex-dividend date was Monday, June 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.