Interchange Capital Partners LLC Trims Stake in iShares Core Total USD Bond Market ETF $IUSB

Interchange Capital Partners LLC reduced its holdings in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 14.2% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 8,156 shares of the company’s stock after selling 1,353 shares during the period. Interchange Capital Partners LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $377,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Envestnet Asset Management Inc. increased its holdings in iShares Core Total USD Bond Market ETF by 0.7% during the first quarter. Envestnet Asset Management Inc. now owns 142,166,292 shares of the company’s stock valued at $6,551,023,000 after buying an additional 1,051,702 shares during the last quarter. Jones Financial Companies Lllp increased its stake in shares of iShares Core Total USD Bond Market ETF by 3.1% in the first quarter. Jones Financial Companies Lllp now owns 62,382,141 shares of the company’s stock worth $2,868,351,000 after purchasing an additional 1,856,559 shares in the last quarter. LPL Financial LLC increased its stake in shares of iShares Core Total USD Bond Market ETF by 7.6% in the first quarter. LPL Financial LLC now owns 48,049,515 shares of the company’s stock worth $2,214,122,000 after purchasing an additional 3,402,819 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in shares of iShares Core Total USD Bond Market ETF by 5.2% in 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 purchasing an additional 1,127,521 shares in the last quarter. Finally, Ameriprise Financial Inc. increased its stake in shares of iShares Core Total USD Bond Market ETF by 4.3% in the first quarter. Ameriprise Financial Inc. now owns 10,859,467 shares of the company’s stock worth $500,344,000 after purchasing an additional 450,361 shares in the last quarter.

iShares Core Total USD Bond Market ETF Price Performance

Shares of NASDAQ IUSB opened at $47.08 on Monday. The firm has a fifty day moving average price of $46.65 and a 200-day moving average price of $46.05. The stock has a market cap of $33.38 billion, a PE ratio of 10.80 and a beta of 0.15. iShares Core Total USD Bond Market ETF has a 1 year low of $44.67 and a 1 year high of $47.17.

iShares Core Total USD Bond Market ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, October 6th. Stockholders of record on Wednesday, October 1st were paid a $0.1668 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%. This is a boost from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16. The ex-dividend date of this dividend was Wednesday, October 1st.

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.