SouthState Corp Has $162,000 Stake in iShares Core Total USD Bond Market ETF $IUSB

SouthState Corp trimmed its position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 32.9% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,504 shares of the company’s stock after selling 1,718 shares during the period. SouthState Corp’s holdings in iShares Core Total USD Bond Market ETF were worth $162,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of the company. LPL Financial LLC raised its position in iShares Core Total USD Bond Market ETF by 7.6% in the 1st quarter. LPL Financial LLC now owns 48,049,515 shares of the company’s stock valued at $2,214,122,000 after buying an additional 3,402,819 shares during the last quarter. Jones Financial Companies Lllp boosted its position in iShares Core Total USD Bond Market ETF by 3.1% during the 1st quarter. Jones Financial Companies Lllp now owns 62,382,141 shares of the company’s stock worth $2,868,351,000 after acquiring an additional 1,856,559 shares during the last quarter. Spire Wealth Management grew its stake in shares of iShares Core Total USD Bond Market ETF by 1,276.8% during the 2nd quarter. Spire Wealth Management now owns 1,888,940 shares of the company’s stock worth $86,970,000 after acquiring an additional 1,751,742 shares in the last quarter. Baker Avenue Asset Management LP acquired a new stake in shares of iShares Core Total USD Bond Market ETF in the first quarter valued at approximately $56,347,000. Finally, Northwestern Mutual Wealth Management Co. raised its holdings in shares of iShares Core Total USD Bond Market ETF by 5.2% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 22,986,670 shares of the company’s stock valued at $1,059,226,000 after purchasing an additional 1,127,521 shares during the last quarter.

iShares Core Total USD Bond Market ETF Stock Up 0.1%

Shares of IUSB stock opened at $46.73 on Friday. iShares Core Total USD Bond Market ETF has a 12 month low of $44.67 and a 12 month high of $47.20. The company’s fifty day simple moving average is $46.76 and its 200-day simple moving average is $46.15. The firm has a market cap of $33.22 billion, a PE ratio of 10.80 and a beta of 0.26.

iShares Core Total USD Bond Market ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, November 6th. Shareholders of record on Monday, November 3rd were given a dividend of $0.1643 per share. The ex-dividend date of this dividend was Monday, November 3rd. This represents a c) annualized dividend and a yield of 4.2%.

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.