iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) Stake Lowered by TSA Wealth Managment LLC

TSA Wealth Managment LLC reduced its position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 11.7% during the first quarter, Holdings Channel.com reports. The institutional investor owned 234,895 shares of the company’s stock after selling 30,976 shares during the period. iShares Core Total USD Bond Market ETF accounts for 4.3% of TSA Wealth Managment LLC’s investment portfolio, making the stock its 8th largest holding. TSA Wealth Managment LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $10,824,000 at the end of the most recent reporting period.

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

iShares Core Total USD Bond Market ETF Price Performance

Shares of IUSB stock opened at $46.03 on Thursday. iShares Core Total USD Bond Market ETF has a 1 year low of $44.67 and a 1 year high of $47.44. The stock’s 50 day simple moving average is $45.59 and its two-hundred day simple moving average is $45.56. The company has a market cap of $33.13 billion, a PE ratio of 10.80 and a beta of 0.15.

iShares Core Total USD Bond Market ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, June 5th. Shareholders of record on Monday, June 2nd were given a dividend of $0.1651 per share. The ex-dividend date of this dividend was 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.