Interchange Capital Partners LLC Sells 2,162 Shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Interchange Capital Partners LLC reduced its position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 18.5% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 9,545 shares of the company’s stock after selling 2,162 shares during the period. Interchange Capital Partners LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $431,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. SWAN Capital LLC bought a new position in shares of iShares Core Total USD Bond Market ETF during the 3rd quarter worth approximately $25,000. Synergy Investment Management LLC acquired a new stake in iShares Core Total USD Bond Market ETF during the 4th quarter valued at $29,000. First Financial Corp IN acquired a new position in shares of iShares Core Total USD Bond Market ETF in the fourth quarter valued at $35,000. New Millennium Group LLC bought a new position in shares of iShares Core Total USD Bond Market ETF in the fourth quarter valued at about $38,000. Finally, Beaird Harris Wealth Management LLC lifted its stake in shares of iShares Core Total USD Bond Market ETF by 168.4% during the 3rd quarter. Beaird Harris Wealth Management LLC now owns 942 shares of the company’s stock worth $44,000 after buying an additional 591 shares during the last quarter.

iShares Core Total USD Bond Market ETF Stock Performance

Shares of IUSB stock opened at $45.83 on Tuesday. The company has a market capitalization of $32.60 billion, a price-to-earnings ratio of 10.90 and a beta of 0.15. iShares Core Total USD Bond Market ETF has a 52 week low of $44.21 and a 52 week high of $47.44. The company has a 50-day simple moving average of $45.62 and a 200 day simple moving average of $45.90.

iShares Core Total USD Bond Market ETF Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were given a $0.1553 dividend. This is an increase from iShares Core Total USD Bond Market ETF’s previous dividend of $0.15. The ex-dividend date of this dividend was Monday, March 3rd.

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.