Wells Financial Advisors INC Reduces Stake in iShares Core Total USD Bond Market ETF $IUSB

Wells Financial Advisors INC lowered its holdings in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 24.4% in the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 16,550 shares of the company’s stock after selling 5,350 shares during the quarter. iShares Core Total USD Bond Market ETF makes up about 1.1% of Wells Financial Advisors INC’s investment portfolio, making the stock its 25th largest holding. Wells Financial Advisors INC’s holdings in iShares Core Total USD Bond Market ETF were worth $765,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Blue Oak Capital LLC lifted its holdings in iShares Core Total USD Bond Market ETF by 9.9% in the 2nd quarter. Blue Oak Capital LLC now owns 78,240 shares of the company’s stock worth $3,617,000 after buying an additional 7,043 shares during the period. 17 Capital Partners LLC lifted its holdings in iShares Core Total USD Bond Market ETF by 18.5% in the 1st quarter. 17 Capital Partners LLC now owns 21,377 shares of the company’s stock worth $985,000 after buying an additional 3,331 shares during the period. Sequoia Financial Advisors LLC lifted its holdings in iShares Core Total USD Bond Market ETF by 14.0% in the 1st quarter. Sequoia Financial Advisors LLC now owns 5,048 shares of the company’s stock worth $233,000 after buying an additional 621 shares during the period. J.W. Cole Advisors Inc. purchased a new stake in iShares Core Total USD Bond Market ETF in the 1st quarter worth approximately $1,184,000. Finally, Ameriflex Group Inc. lifted its holdings in iShares Core Total USD Bond Market ETF by 1,864.9% in the 1st quarter. Ameriflex Group Inc. now owns 32,559 shares of the company’s stock worth $1,500,000 after buying an additional 30,902 shares during the period.

iShares Core Total USD Bond Market ETF Stock Performance

NASDAQ IUSB opened at $46.74 on Monday. The stock has a market cap of $33.11 billion, a P/E ratio of 10.80 and a beta of 0.15. The stock has a 50 day simple moving average of $46.49 and a two-hundred day simple moving average of $45.97. iShares Core Total USD Bond Market ETF has a fifty-two week low of $44.67 and a fifty-two week high of $47.03.

iShares Core Total USD Bond Market ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Monday, October 6th. Investors of record on Wednesday, October 1st were given a dividend of $0.1668 per share. 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 dividend yield of 4.3%. The ex-dividend date was Wednesday, October 1st.

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.