Parr Mcknight Wealth Management Group LLC Decreases Stake in iShares Core Total USD Bond Market ETF $IUSB

Parr Mcknight Wealth Management Group LLC cut its holdings in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 5.7% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 288,181 shares of the company’s stock after selling 17,456 shares during the quarter. iShares Core Total USD Bond Market ETF makes up 1.7% of Parr Mcknight Wealth Management Group LLC’s portfolio, making the stock its 6th largest position. Parr Mcknight Wealth Management Group LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $13,311,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the business. CIBC Private Wealth Group LLC bought a new position in iShares Core Total USD Bond Market ETF in the 3rd quarter worth approximately $27,000. Decker Retirement Planning Inc. acquired a new stake in shares of iShares Core Total USD Bond Market ETF in the 4th quarter valued at $30,000. Mcguire Capital Advisors Inc. bought a new stake in shares of iShares Core Total USD Bond Market ETF during the fourth quarter worth $30,000. Hurley Capital LLC bought a new stake in shares of iShares Core Total USD Bond Market ETF during the fourth quarter worth $33,000. Finally, Advocate Investing Services LLC acquired a new position in shares of iShares Core Total USD Bond Market ETF during the first quarter valued at $42,000.

iShares Core Total USD Bond Market ETF Price Performance

Shares of IUSB stock opened at $45.74 on Monday. The stock has a 50-day moving average price of $45.99 and a 200 day moving average price of $46.35. The firm has a market cap of $42.65 billion, a price-to-earnings ratio of 10.80 and a beta of 0.26. iShares Core Total USD Bond Market ETF has a 12 month low of $45.47 and a 12 month high of $47.23.

iShares Core Total USD Bond Market ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, July 7th. Investors 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 of this dividend 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.