iShares Core Total USD Bond Market ETF $IUSB Shares Sold by Valley National Advisers Inc.

Valley National Advisers Inc. trimmed its position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 57.7% in the 3rd quarter, HoldingsChannel reports. The firm owned 153,441 shares of the company’s stock after selling 209,415 shares during the quarter. Valley National Advisers Inc.’s holdings in iShares Core Total USD Bond Market ETF were worth $6,765,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. GK Wealth Management LLC purchased a new stake in iShares Core Total USD Bond Market ETF in the third quarter valued at approximately $26,000. JNBA Financial Advisors acquired a new position in iShares Core Total USD Bond Market ETF in the 2nd quarter worth approximately $32,000. Advocate Investing Services LLC acquired a new position in iShares Core Total USD Bond Market ETF in the 1st quarter worth approximately $42,000. Financial Freedom LLC purchased a new position in iShares Core Total USD Bond Market ETF during the 1st quarter worth approximately $45,000. Finally, Oakworth Capital Inc. purchased a new position in iShares Core Total USD Bond Market ETF during the 2nd quarter worth approximately $54,000.

iShares Core Total USD Bond Market ETF Trading Down 0.2%

IUSB opened at $44.70 on Friday. iShares Core Total USD Bond Market ETF has a 12-month low of $43.75 and a 12-month high of $47.23. The firm has a 50 day moving average of $44.77 and a two-hundred day moving average of $45.53. The firm has a market capitalization of $49.62 billion, a PE ratio of 10.80 and a beta of 0.27.

iShares Core Total USD Bond Market ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Thursday, October 1st were paid a $0.1544 dividend. The ex-dividend date was Thursday, October 1st. This represents a $1.85 dividend on an annualized basis and a dividend yield of 4.1%.

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.