iShares Core Total USD Bond Market ETF $IUSB Stock Position Cut by JPMorgan Chase & Co.

JPMorgan Chase & Co. lessened its stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSBFree Report) by 9.4% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 17,846,746 shares of the company’s stock after selling 1,846,647 shares during the quarter. JPMorgan Chase & Co.’s holdings in iShares Core Total USD Bond Market ETF were worth $830,588,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of IUSB. Northwestern Mutual Wealth Management Co. grew its position in iShares Core Total USD Bond Market ETF by 8.8% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 28,622,754 shares of the company’s stock valued at $1,332,103,000 after buying an additional 2,324,731 shares in the last quarter. Symmetry Partners LLC acquired a new stake in iShares Core Total USD Bond Market ETF in the 4th quarter valued at about $104,011,000. Mariner LLC lifted its holdings in iShares Core Total USD Bond Market ETF by 11.5% in the 3rd quarter. Mariner LLC now owns 14,004,882 shares of the company’s stock valued at $654,168,000 after acquiring an additional 1,449,320 shares during the last quarter. Citadel Advisors LLC acquired a new stake in iShares Core Total USD Bond Market ETF in the 3rd quarter valued at about $59,881,000. Finally, Savvy Advisors Inc. lifted its holdings in iShares Core Total USD Bond Market ETF by 60.0% in the 4th quarter. Savvy Advisors Inc. now owns 2,839,695 shares of the company’s stock valued at $132,159,000 after acquiring an additional 1,065,133 shares during the last quarter.

iShares Core Total USD Bond Market ETF Trading Up 0.2%

Shares of NASDAQ IUSB opened at $45.87 on Wednesday. iShares Core Total USD Bond Market ETF has a twelve month low of $45.45 and a twelve month high of $47.23. The company has a market capitalization of $36.30 billion, a price-to-earnings ratio of 10.80 and a beta of 0.26. The firm has a 50-day moving average of $46.12 and a two-hundred day moving average of $46.46.

iShares Core Total USD Bond Market ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were issued a $0.1511 dividend. This represents a c) dividend on an annualized basis and a yield of 4.0%. The ex-dividend date of this dividend was Monday, June 1st.

iShares Core Total USD Bond Market ETF Company Profile

(Free Report)

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.

Featured Articles

Want to see what other hedge funds are holding IUSB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Core Total USD Bond Market ETF (NASDAQ:IUSBFree Report).

Institutional Ownership by Quarter for iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Receive News & Ratings for iShares Core Total USD Bond Market ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Core Total USD Bond Market ETF and related companies with MarketBeat.com's FREE daily email newsletter.