Verus Capital Partners LLC Reduces Stake in iShares Core Total USD Bond Market ETF $IUSB

Verus Capital Partners LLC reduced its stake in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSBFree Report) by 16.3% in the first quarter, Holdings Channel reports. The fund owned 137,535 shares of the company’s stock after selling 26,776 shares during the quarter. Verus Capital Partners LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $6,353,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently modified their holdings of the company. AQR Capital Management LLC raised its holdings in shares of iShares Core Total USD Bond Market ETF by 9.9% in the 1st quarter. AQR Capital Management LLC now owns 60,249 shares of the company’s stock worth $2,776,000 after purchasing an additional 5,416 shares during the period. Goldman Sachs Group Inc. grew its holdings in iShares Core Total USD Bond Market ETF by 40.7% during the first quarter. Goldman Sachs Group Inc. now owns 191,332 shares of the company’s stock valued at $8,817,000 after purchasing an additional 55,360 shares during the period. M&T Bank Corp bought a new position in iShares Core Total USD Bond Market ETF during the second quarter valued at $335,000. Brown Advisory Inc. purchased a new stake in iShares Core Total USD Bond Market ETF in the second quarter worth $246,000. Finally, Qube Research & Technologies Ltd purchased a new stake in iShares Core Total USD Bond Market ETF in the second quarter worth $167,000.

iShares Core Total USD Bond Market ETF Price Performance

Shares of IUSB opened at $45.45 on Friday. The firm has a market cap of $42.98 billion, a PE ratio of 10.80 and a beta of 0.26. The stock’s fifty day moving average price is $45.89 and its two-hundred day moving average price is $46.24. iShares Core Total USD Bond Market ETF has a 1 year low of $45.37 and a 1 year high of $47.23.

iShares Core Total USD Bond Market ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st were issued a $0.164 dividend. This is an increase from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.15. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a c) annualized dividend and a yield of 4.3%.

About iShares Core Total USD Bond Market ETF

(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.

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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)

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