EverSource Wealth Advisors LLC Sells 17,609 Shares of iShares Core Total USD Bond Market ETF $IUSB

EverSource Wealth Advisors LLC decreased its holdings in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 22.5% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 60,757 shares of the company’s stock after selling 17,609 shares during the period. EverSource Wealth Advisors LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $2,809,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. AlphaCore Capital LLC bought a new position in shares of iShares Core Total USD Bond Market ETF during the first quarter valued at $47,000. Atlantic Union Bankshares Corp purchased a new stake in iShares Core Total USD Bond Market ETF in the second quarter worth about $52,000. Key Financial Inc raised its stake in shares of iShares Core Total USD Bond Market ETF by 30.2% in the second quarter. Key Financial Inc now owns 1,185 shares of the company’s stock worth $55,000 after buying an additional 275 shares during the period. GoalVest Advisory LLC purchased a new position in shares of iShares Core Total USD Bond Market ETF during the 2nd quarter valued at about $75,000. Finally, MassMutual Private Wealth & Trust FSB lifted its position in shares of iShares Core Total USD Bond Market ETF by 171.5% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 2,243 shares of the company’s stock valued at $104,000 after buying an additional 1,417 shares in the last quarter.

iShares Core Total USD Bond Market ETF Trading Down 0.2%

NASDAQ IUSB opened at $46.67 on Friday. iShares Core Total USD Bond Market ETF has a 12 month low of $44.67 and a 12 month high of $47.20. The stock has a market cap of $33.17 billion, a price-to-earnings ratio of 10.80 and a beta of 0.26. The company’s 50 day moving average is $46.80 and its two-hundred day moving average is $46.30.

iShares Core Total USD Bond Market ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, December 4th. Investors of record on Monday, December 1st were issued a $0.1566 dividend. The ex-dividend date of this dividend was Monday, December 1st. This represents a c) annualized dividend and a yield of 4.0%.

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.