Wells Financial Advisors INC Sells 5,350 Shares of iShares Core Total USD Bond Market ETF $IUSB

Wells Financial Advisors INC cut its stake in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 24.4% in the 2nd quarter, Holdings Channel.com reports. The fund owned 16,550 shares of the company’s stock after selling 5,350 shares during the period. iShares Core Total USD Bond Market ETF comprises about 1.1% of Wells Financial Advisors INC’s holdings, making the stock its 25th largest position. Wells Financial Advisors INC’s holdings in iShares Core Total USD Bond Market ETF were worth $765,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of IUSB. LPL Financial LLC increased its holdings in shares of iShares Core Total USD Bond Market ETF by 7.6% during the first quarter. LPL Financial LLC now owns 48,049,515 shares of the company’s stock valued at $2,214,122,000 after acquiring an additional 3,402,819 shares in the last quarter. Jones Financial Companies Lllp increased its holdings in shares of iShares Core Total USD Bond Market ETF by 3.1% during the first quarter. Jones Financial Companies Lllp now owns 62,382,141 shares of the company’s stock valued at $2,868,351,000 after acquiring an additional 1,856,559 shares in the last quarter. Baker Avenue Asset Management LP purchased a new stake in shares of iShares Core Total USD Bond Market ETF during the first quarter valued at $56,347,000. Sofi Wealth LLC boosted its position in shares of iShares Core Total USD Bond Market ETF by 4,501.0% during the first quarter. Sofi Wealth LLC now owns 1,241,951 shares of the company’s stock valued at $57,229,000 after buying an additional 1,214,958 shares during the last quarter. Finally, 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 last quarter.

iShares Core Total USD Bond Market ETF Price Performance

iShares Core Total USD Bond Market ETF stock opened at $46.74 on Monday. iShares Core Total USD Bond Market ETF has a one year low of $44.67 and a one year high of $47.03. The stock has a market capitalization of $33.11 billion, a PE ratio of 10.80 and a beta of 0.15. The business’s fifty day moving average is $46.49 and its 200 day moving average is $45.97.

iShares Core Total USD Bond Market ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, October 6th. Investors of record on Wednesday, October 1st were given a dividend of $0.1668 per share. This represents a c) annualized dividend and a dividend yield of 4.3%. This is a boost from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16. The ex-dividend date of this dividend was Wednesday, October 1st.

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.