Mayflower Financial Advisors LLC Reduces Stock Holdings in iShares Core Total USD Bond Market ETF $IUSB

Mayflower Financial Advisors LLC decreased its holdings in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 12.0% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 198,537 shares of the company’s stock after selling 27,120 shares during the quarter. iShares Core Total USD Bond Market ETF comprises approximately 1.3% of Mayflower Financial Advisors LLC’s portfolio, making the stock its 15th biggest holding. Mayflower Financial Advisors LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $9,178,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of IUSB. AlphaCore Capital LLC bought a new stake in iShares Core Total USD Bond Market ETF during the 1st quarter valued at $47,000. N.E.W. Advisory Services LLC bought a new stake in iShares Core Total USD Bond Market ETF during the 1st quarter valued at $50,000. NorthRock Partners LLC raised its holdings in iShares Core Total USD Bond Market ETF by 379.1% during the 1st quarter. NorthRock Partners LLC now owns 1,418 shares of the company’s stock valued at $65,000 after acquiring an additional 1,122 shares during the period. GoalVest Advisory LLC bought a new stake in iShares Core Total USD Bond Market ETF during the 2nd quarter valued at $75,000. Finally, Quest 10 Wealth Builders Inc. raised its holdings in iShares Core Total USD Bond Market ETF by 233.9% during the 1st quarter. Quest 10 Wealth Builders Inc. now owns 1,666 shares of the company’s stock valued at $77,000 after acquiring an additional 1,167 shares during the period.

iShares Core Total USD Bond Market ETF Price Performance

Shares of IUSB stock opened at $47.16 on Wednesday. The company’s fifty day simple moving average is $46.69 and its two-hundred day simple moving average is $46.08. iShares Core Total USD Bond Market ETF has a 1 year low of $44.67 and a 1 year high of $47.18. The stock has a market capitalization of $33.44 billion, a price-to-earnings ratio of 10.80 and a beta of 0.26.

iShares Core Total USD Bond Market ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Monday, October 6th. Investors of record on Wednesday, October 1st were paid a $0.1668 dividend. This is a boost from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16. This represents a c) dividend on an annualized basis and a yield of 4.2%. The ex-dividend date of this dividend 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.