Central Pacific Bank Trust Division Sells 57,815 Shares of iShares Core Total USD Bond Market ETF $IUSB

Central Pacific Bank Trust Division reduced its stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 14.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 334,286 shares of the company’s stock after selling 57,815 shares during the period. iShares Core Total USD Bond Market ETF makes up about 1.9% of Central Pacific Bank Trust Division’s investment portfolio, making the stock its 7th biggest holding. Central Pacific Bank Trust Division’s holdings in iShares Core Total USD Bond Market ETF were worth $15,614,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Anchor Investment Management LLC purchased a new stake in shares of iShares Core Total USD Bond Market ETF in the second quarter worth about $51,000. Atlantic Union Bankshares Corp acquired a new position in iShares Core Total USD Bond Market ETF during the 2nd quarter worth approximately $52,000. Key Financial Inc boosted its holdings in iShares Core Total USD Bond Market ETF by 30.2% in the 2nd quarter. Key Financial Inc now owns 1,185 shares of the company’s stock worth $55,000 after acquiring an additional 275 shares during the period. Investors Research Corp grew its position in iShares Core Total USD Bond Market ETF by 111.7% in the third quarter. Investors Research Corp now owns 1,391 shares of the company’s stock valued at $65,000 after acquiring an additional 734 shares in the last quarter. Finally, GoalVest Advisory LLC acquired a new stake in iShares Core Total USD Bond Market ETF in the second quarter valued at approximately $75,000.

iShares Core Total USD Bond Market ETF Trading Up 0.1%

NASDAQ IUSB opened at $46.56 on Tuesday. The company’s fifty day simple moving average is $46.79 and its 200-day simple moving average is $46.37. iShares Core Total USD Bond Market ETF has a 52 week low of $44.67 and a 52 week high of $47.20. The stock has a market cap of $33.09 billion, a P/E ratio of 10.80 and a beta of 0.26.

iShares Core Total USD Bond Market ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, December 4th. Shareholders of record on Monday, December 1st were issued a $0.1566 dividend. The ex-dividend date was Monday, December 1st. This represents a c) dividend on an annualized basis 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.