Cwm LLC Trims Holdings in iShares Core Total USD Bond Market ETF $IUSB

Cwm LLC reduced its position in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 3.9% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 17,375,112 shares of the company’s stock after selling 697,731 shares during the period. iShares Core Total USD Bond Market ETF comprises 2.8% of Cwm LLC’s investment portfolio, making the stock its largest holding. Cwm LLC owned approximately 2.42% of iShares Core Total USD Bond Market ETF worth $803,251,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. CX Institutional bought a new stake in shares of iShares Core Total USD Bond Market ETF during the first quarter worth about $41,000. AlphaCore Capital LLC bought a new stake in shares of iShares Core Total USD Bond Market ETF during the first quarter worth about $47,000. N.E.W. Advisory Services LLC bought a new stake in shares of iShares Core Total USD Bond Market ETF during the first quarter worth about $50,000. NorthRock Partners LLC grew its holdings in shares of iShares Core Total USD Bond Market ETF by 379.1% during the first quarter. NorthRock Partners LLC now owns 1,418 shares of the company’s stock worth $65,000 after purchasing an additional 1,122 shares during the last quarter. Finally, Quest 10 Wealth Builders Inc. grew its holdings in shares of iShares Core Total USD Bond Market ETF by 233.9% during the first quarter. Quest 10 Wealth Builders Inc. now owns 1,666 shares of the company’s stock worth $77,000 after purchasing an additional 1,167 shares during the last quarter.

iShares Core Total USD Bond Market ETF Trading Up 0.3%

NASDAQ:IUSB opened at $46.74 on Friday. The stock’s 50-day moving average is $46.49 and its 200-day moving average is $45.97. iShares Core Total USD Bond Market ETF has a 1-year low of $44.67 and a 1-year high of $47.03. The stock has a market cap of $33.12 billion, a P/E ratio of 10.80 and a beta of 0.15.

iShares Core Total USD Bond Market ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Monday, October 6th. Investors of record on Wednesday, October 1st were issued a $0.1668 dividend. The ex-dividend date was Wednesday, October 1st. This is a boost from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16. This represents a c) annualized dividend 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.