Kelly Financial Group LLC Trims Stock Holdings in iShares Core Total USD Bond Market ETF $IUSB

Kelly Financial Group LLC reduced its stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 10.9% during the 2nd quarter, Holdings Channel reports. The fund owned 19,447 shares of the company’s stock after selling 2,378 shares during the period. Kelly Financial Group LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $899,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in IUSB. LPL Financial LLC lifted its position in 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 worth $2,214,122,000 after buying an additional 3,402,819 shares during the period. Jones Financial Companies Lllp lifted its position in 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 worth $2,868,351,000 after buying an additional 1,856,559 shares during the period. Baker Avenue Asset Management LP purchased a new position in iShares Core Total USD Bond Market ETF during the first quarter worth about $56,347,000. Sofi Wealth LLC lifted its position in 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 worth $57,229,000 after buying an additional 1,214,958 shares during the period. Finally, Northwestern Mutual Wealth Management Co. lifted its position in 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 worth $1,059,226,000 after buying an additional 1,127,521 shares during the period.

iShares Core Total USD Bond Market ETF Trading Down 0.1%

NASDAQ IUSB opened at $46.66 on Tuesday. The business’s 50-day moving average price is $46.27 and its 200 day moving average price is $45.90. iShares Core Total USD Bond Market ETF has a twelve month low of $44.67 and a twelve month high of $47.27. The company has a market capitalization of $33.66 billion, a PE ratio of 10.80 and a beta of 0.15.

iShares Core Total USD Bond Market ETF Cuts Dividend

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

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.