Cooper Financial Group Lowers Stake in iShares Core Total USD Bond Market ETF $IUSB

Cooper Financial Group reduced its position in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 49.7% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 43,408 shares of the company’s stock after selling 42,946 shares during the quarter. Cooper Financial Group’s holdings in iShares Core Total USD Bond Market ETF were worth $2,007,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of IUSB. Northern Trust Corp purchased a new position in iShares Core Total USD Bond Market ETF in the 4th quarter valued at about $205,000. MassMutual Private Wealth & Trust FSB purchased a new position in iShares Core Total USD Bond Market ETF in the 1st quarter worth approximately $38,000. NBC Securities Inc. lifted its stake in iShares Core Total USD Bond Market ETF by 106,900.0% in the 1st quarter. NBC Securities Inc. now owns 8,560 shares of the company’s stock worth $394,000 after purchasing an additional 8,552 shares in the last quarter. EWG Elevate Inc. lifted its stake in iShares Core Total USD Bond Market ETF by 6.9% in the 1st quarter. EWG Elevate Inc. now owns 8,421 shares of the company’s stock worth $388,000 after purchasing an additional 547 shares in the last quarter. Finally, Heritage Family Offices LLP lifted its stake in iShares Core Total USD Bond Market ETF by 13.5% in the 1st quarter. Heritage Family Offices LLP now owns 22,568 shares of the company’s stock worth $1,040,000 after purchasing an additional 2,681 shares in the last quarter.

iShares Core Total USD Bond Market ETF Price Performance

IUSB opened at $46.71 on Wednesday. The company’s 50 day simple moving average is $46.38 and its two-hundred day simple moving average is $45.93. iShares Core Total USD Bond Market ETF has a 1-year low of $44.67 and a 1-year high of $47.18. The firm has a market capitalization of $33.69 billion, a price-to-earnings ratio of 10.80 and a beta of 0.15.

iShares Core Total USD Bond Market ETF Increases Dividend

The firm also recently announced a monthly dividend, which will be paid on Monday, October 6th. Shareholders of record on Wednesday, October 1st will be paid a $0.1668 dividend. This is a positive change from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16. The ex-dividend date of this dividend is Wednesday, October 1st. This represents a c) dividend on an annualized basis and a yield of 4.3%.

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.