Kelly Financial Services LLC Decreases Stock Position in iShares Core Total USD Bond Market ETF $IUSB

Kelly Financial Services LLC cut its stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 10.6% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 31,740 shares of the company’s stock after selling 3,783 shares during the quarter. Kelly Financial Services LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $1,467,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Envestnet Asset Management Inc. lifted its holdings in shares of iShares Core Total USD Bond Market ETF by 0.7% in the 1st quarter. Envestnet Asset Management Inc. now owns 142,166,292 shares of the company’s stock worth $6,551,023,000 after acquiring an additional 1,051,702 shares during the last quarter. Jones Financial Companies Lllp raised its position in iShares Core Total USD Bond Market ETF by 3.1% in the 1st quarter. Jones Financial Companies Lllp now owns 62,382,141 shares of the company’s stock worth $2,868,351,000 after purchasing an additional 1,856,559 shares during the period. LPL Financial LLC lifted its stake in iShares Core Total USD Bond Market ETF by 7.6% in the first quarter. LPL Financial LLC now owns 48,049,515 shares of the company’s stock worth $2,214,122,000 after purchasing an additional 3,402,819 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in shares of iShares Core Total USD Bond Market ETF by 5.2% during 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 buying an additional 1,127,521 shares during the period. Finally, Ameriprise Financial Inc. boosted its position in shares of iShares Core Total USD Bond Market ETF by 4.3% during the first quarter. Ameriprise Financial Inc. now owns 10,859,467 shares of the company’s stock valued at $500,344,000 after buying an additional 450,361 shares during the period.

iShares Core Total USD Bond Market ETF Stock Performance

Shares of IUSB stock opened at $46.62 on Monday. iShares Core Total USD Bond Market ETF has a 52-week low of $44.67 and a 52-week high of $47.26. The firm has a market capitalization of $33.63 billion, a P/E ratio of 10.80 and a beta of 0.15. The stock has a 50 day moving average price of $46.35 and a 200 day moving average price of $45.92.

iShares Core Total USD Bond Market ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, September 5th. Stockholders of record on Tuesday, September 2nd were given a dividend of $0.1636 per share. This represents a c) annualized dividend and a dividend yield of 4.2%. The ex-dividend date was Tuesday, September 2nd.

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.