Western Wealth Management LLC Has $457,000 Stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Western Wealth Management LLC reduced its stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 84.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,116 shares of the company’s stock after selling 53,556 shares during the quarter. Western Wealth Management LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $457,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in IUSB. Jones Financial Companies Lllp grew its stake in shares of iShares Core Total USD Bond Market ETF by 12.2% during the 4th quarter. Jones Financial Companies Lllp now owns 60,525,582 shares of the company’s stock worth $2,735,756,000 after acquiring an additional 6,586,279 shares in the last quarter. LPL Financial LLC boosted its holdings in iShares Core Total USD Bond Market ETF by 13.5% during the fourth quarter. LPL Financial LLC now owns 44,646,696 shares of the company’s stock worth $2,018,031,000 after purchasing an additional 5,315,980 shares during the last quarter. Wells Fargo & Company MN grew its position in iShares Core Total USD Bond Market ETF by 6.2% in the fourth quarter. Wells Fargo & Company MN now owns 42,531,915 shares of the company’s stock valued at $1,922,443,000 after purchasing an additional 2,496,641 shares in the last quarter. JPMorgan Chase & Co. increased its stake in iShares Core Total USD Bond Market ETF by 14.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 20,716,912 shares of the company’s stock valued at $976,181,000 after buying an additional 2,651,218 shares during the last quarter. Finally, Ameriprise Financial Inc. increased its stake in iShares Core Total USD Bond Market ETF by 1.9% in the 4th quarter. Ameriprise Financial Inc. now owns 10,409,106 shares of the company’s stock valued at $470,405,000 after buying an additional 197,710 shares during the last quarter.

iShares Core Total USD Bond Market ETF Price Performance

Shares of NASDAQ:IUSB opened at $45.31 on Friday. The company’s 50-day moving average price is $45.65 and its two-hundred day moving average price is $45.59. iShares Core Total USD Bond Market ETF has a one year low of $44.59 and a one year high of $47.44. The stock has a market capitalization of $32.61 billion, a PE ratio of 10.82 and a beta of 0.15.

iShares Core Total USD Bond Market ETF Increases Dividend

The business also recently announced a dividend, which was paid on Tuesday, May 6th. Investors of record on Thursday, May 1st were given a $0.1612 dividend. The ex-dividend date of this dividend was Thursday, May 1st. This is an increase from iShares Core Total USD Bond Market ETF’s previous dividend of $0.16.

iShares Core Total USD Bond Market ETF Company 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.