iShares Core Total USD Bond Market ETF $IUSB Shares Sold by Kestra Advisory Services LLC

Kestra Advisory Services LLC cut its position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 2.8% in the first quarter, Holdings Channel reports. The firm owned 1,281,107 shares of the company’s stock after selling 37,307 shares during the period. Kestra Advisory Services LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $59,174,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. AQR Capital Management LLC grew its position in shares of iShares Core Total USD Bond Market ETF by 9.9% during the first quarter. AQR Capital Management LLC now owns 60,249 shares of the company’s stock worth $2,776,000 after acquiring an additional 5,416 shares during the last quarter. Goldman Sachs Group Inc. raised its position in iShares Core Total USD Bond Market ETF by 40.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 191,332 shares of the company’s stock valued at $8,817,000 after purchasing an additional 55,360 shares during the last quarter. M&T Bank Corp acquired a new stake in shares of iShares Core Total USD Bond Market ETF during the second quarter worth about $335,000. Brown Advisory Inc. acquired a new position in shares of iShares Core Total USD Bond Market ETF in the second quarter valued at approximately $246,000. Finally, Qube Research & Technologies Ltd purchased a new position in iShares Core Total USD Bond Market ETF in the 2nd quarter valued at $167,000.

iShares Core Total USD Bond Market ETF Stock Performance

Shares of IUSB opened at $45.78 on Friday. The stock has a market capitalization of $42.52 billion, a P/E ratio of 10.80 and a beta of 0.26. iShares Core Total USD Bond Market ETF has a 1 year low of $45.47 and a 1 year high of $47.23. The company’s fifty day moving average is $46.00 and its two-hundred day moving average is $46.35.

iShares Core Total USD Bond Market ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st were paid a dividend of $0.164 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%. This is a positive change from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.15. The ex-dividend date was Wednesday, July 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.