Cwm LLC Trims Stake in iShares Core Total USD Bond Market ETF $IUSB

Cwm LLC cut its stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 3.9% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 17,375,112 shares of the company’s stock after selling 697,731 shares during the period. iShares Core Total USD Bond Market ETF accounts for 2.8% of Cwm LLC’s portfolio, making the stock its biggest position. Cwm LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $803,251,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. CX Institutional bought a new stake in iShares Core Total USD Bond Market ETF in the first quarter valued at approximately $41,000. AlphaCore Capital LLC acquired a new position in iShares Core Total USD Bond Market ETF in the first quarter valued at approximately $47,000. N.E.W. Advisory Services LLC acquired a new position in iShares Core Total USD Bond Market ETF in the first quarter valued at approximately $50,000. NorthRock Partners LLC lifted its stake in iShares Core Total USD Bond Market ETF by 379.1% in the first quarter. NorthRock Partners LLC now owns 1,418 shares of the company’s stock valued at $65,000 after buying an additional 1,122 shares during the period. Finally, Quest 10 Wealth Builders Inc. lifted its stake in iShares Core Total USD Bond Market ETF by 233.9% in the first quarter. Quest 10 Wealth Builders Inc. now owns 1,666 shares of the company’s stock valued at $77,000 after buying an additional 1,167 shares during the period.

iShares Core Total USD Bond Market ETF Stock Performance

Shares of IUSB opened at $46.74 on Friday. iShares Core Total USD Bond Market ETF has a 52-week low of $44.67 and a 52-week high of $47.03. The business’s 50 day moving average price is $46.49 and its two-hundred day moving average price is $45.97. The firm has a market cap of $33.12 billion, a PE ratio of 10.80 and a beta of 0.15.

iShares Core Total USD Bond Market ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, October 6th. Shareholders of record on Wednesday, October 1st were paid a $0.1668 dividend. This represents a c) annualized dividend and a yield of 4.3%. This is a boost from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16. The ex-dividend date of this dividend was Wednesday, October 1st.

iShares Core Total USD Bond Market ETF 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.