iShares Core Total USD Bond Market ETF $IUSB Shares Sold by JPMorgan Chase & Co.

JPMorgan Chase & Co. reduced its position in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 9.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 17,846,746 shares of the company’s stock after selling 1,846,647 shares during the period. JPMorgan Chase & Co. owned about 2.37% of iShares Core Total USD Bond Market ETF worth $830,588,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the company. Tradition Wealth Management LLC lifted its position in shares of iShares Core Total USD Bond Market ETF by 0.8% during the fourth quarter. Tradition Wealth Management LLC now owns 89,139 shares of the company’s stock worth $4,149,000 after purchasing an additional 704 shares in the last quarter. Nemes Rush Group LLC bought a new stake in shares of iShares Core Total USD Bond Market ETF in the fourth quarter worth $57,000. LCW Services LLC bought a new stake in shares of iShares Core Total USD Bond Market ETF in the fourth quarter worth $3,166,000. MCF Advisors LLC bought a new stake in shares of iShares Core Total USD Bond Market ETF in the fourth quarter worth $890,000. Finally, First Command Advisory Services Inc. increased its stake in shares of iShares Core Total USD Bond Market ETF by 21.9% in the fourth quarter. First Command Advisory Services Inc. now owns 2,694,661 shares of the company’s stock worth $125,410,000 after buying an additional 483,836 shares during the last quarter.

iShares Core Total USD Bond Market ETF Trading Up 0.2%

Shares of NASDAQ:IUSB opened at $45.87 on Wednesday. The company has a fifty day simple moving average of $46.12 and a 200 day simple moving average of $46.46. The firm has a market cap of $36.30 billion, a PE ratio of 10.80 and a beta of 0.26. iShares Core Total USD Bond Market ETF has a 12-month low of $45.45 and a 12-month high of $47.23.

iShares Core Total USD Bond Market ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, June 4th. Investors of record on Monday, June 1st were paid a $0.1511 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date was Monday, June 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.