Intelligence Driven Advisers LLC Sells 73,820 Shares of iShares Core Total USD Bond Market ETF $IUSB

Intelligence Driven Advisers LLC reduced its stake in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 6.6% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 1,042,459 shares of the company’s stock after selling 73,820 shares during the period. iShares Core Total USD Bond Market ETF makes up approximately 6.9% of Intelligence Driven Advisers LLC’s portfolio, making the stock its 4th biggest holding. Intelligence Driven Advisers LLC owned 0.14% of iShares Core Total USD Bond Market ETF worth $48,516,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in IUSB. Jones Financial Companies Lllp grew its position in iShares Core Total USD Bond Market ETF by 6.9% during the 3rd quarter. Jones Financial Companies Lllp now owns 71,364,109 shares of the company’s stock worth $3,327,011,000 after purchasing an additional 4,589,650 shares during the period. Northwestern Mutual Wealth Management Co. grew its position in iShares Core Total USD Bond Market ETF by 8.1% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 26,298,023 shares of the company’s stock worth $1,228,381,000 after purchasing an additional 1,980,869 shares during the period. Thrivent Financial for Lutherans grew its position in iShares Core Total USD Bond Market ETF by 3,347.5% during the 3rd quarter. Thrivent Financial for Lutherans now owns 1,862,672 shares of the company’s stock worth $87,006,000 after purchasing an additional 1,808,643 shares during the period. Mariner LLC grew its position in iShares Core Total USD Bond Market ETF by 11.5% during the 3rd quarter. Mariner LLC now owns 14,004,882 shares of the company’s stock worth $654,168,000 after purchasing an additional 1,449,320 shares during the period. Finally, Citadel Advisors LLC acquired a new stake in iShares Core Total USD Bond Market ETF during the 3rd quarter worth about $59,881,000.

iShares Core Total USD Bond Market ETF Stock Performance

Shares of IUSB opened at $46.35 on Tuesday. The business’s 50-day moving average is $46.53 and its two-hundred day moving average is $46.65. iShares Core Total USD Bond Market ETF has a fifty-two week low of $45.07 and a fifty-two week high of $47.23. The company has a market capitalization of $36.32 billion, a P/E ratio of 10.80 and a beta of 0.28.

iShares Core Total USD Bond Market ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, April 7th. Stockholders of record on Wednesday, April 1st were paid a dividend of $0.1645 per share. This represents a c) annualized dividend and a dividend yield of 4.3%. The ex-dividend date of this dividend was Wednesday, April 1st. This is an increase from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16.

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.