iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) is Trek Financial LLC’s 7th Largest Position

Trek Financial LLC cut its holdings in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 4.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 612,117 shares of the company’s stock after selling 31,282 shares during the quarter. iShares Core Total USD Bond Market ETF makes up about 2.1% of Trek Financial LLC’s investment portfolio, making the stock its 7th biggest position. Trek Financial LLC owned about 0.09% of iShares Core Total USD Bond Market ETF worth $27,668,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in IUSB. Jones Financial Companies Lllp lifted its stake in iShares Core Total USD Bond Market ETF by 12.2% in the 4th quarter. Jones Financial Companies Lllp now owns 60,525,582 shares of the company’s stock worth $2,735,756,000 after purchasing an additional 6,586,279 shares in the last quarter. LPL Financial LLC lifted its position in shares of iShares Core Total USD Bond Market ETF by 13.5% in the fourth quarter. LPL Financial LLC now owns 44,646,696 shares of the company’s stock worth $2,018,031,000 after buying an additional 5,315,980 shares in the last quarter. Life Planning Partners Inc lifted its position in shares of iShares Core Total USD Bond Market ETF by 4,352.9% in the fourth quarter. Life Planning Partners Inc now owns 4,380,903 shares of the company’s stock worth $198,017,000 after buying an additional 4,282,520 shares in the last quarter. Raymond James Financial Inc. bought a new position in iShares Core Total USD Bond Market ETF during the fourth quarter valued at approximately $183,980,000. Finally, JPMorgan Chase & Co. grew its holdings in iShares Core Total USD Bond Market ETF by 14.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 20,716,912 shares of the company’s stock valued at $976,181,000 after buying an additional 2,651,218 shares in the last quarter.

iShares Core Total USD Bond Market ETF Price Performance

Shares of IUSB opened at $46.19 on Friday. The stock has a market capitalization of $33.17 billion, a price-to-earnings ratio of 10.97 and a beta of 0.25. iShares Core Total USD Bond Market ETF has a 1 year low of $44.21 and a 1 year high of $47.44. The business’s 50 day simple moving average is $45.77 and its 200-day simple moving average is $45.83.

iShares Core Total USD Bond Market ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, April 4th. Investors of record on Tuesday, April 1st were paid a dividend of $0.162 per share. This is an increase from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16. The ex-dividend date was Tuesday, April 1st. This represents a $1.94 dividend on an annualized basis and a yield of 4.21%.

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.