Cypress Wealth Services LLC Trims Stake in iShares Core Total USD Bond Market ETF $IUSB

Cypress Wealth Services LLC lessened its holdings in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 12.9% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 141,959 shares of the company’s stock after selling 21,000 shares during the period. iShares Core Total USD Bond Market ETF makes up 1.1% of Cypress Wealth Services LLC’s investment portfolio, making the stock its 22nd largest position. Cypress Wealth Services LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $6,631,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the business. Team Financial Group LLC raised its holdings in iShares Core Total USD Bond Market ETF by 54.4% in the 3rd quarter. Team Financial Group LLC now owns 619 shares of the company’s stock valued at $29,000 after buying an additional 218 shares during the period. Anchor Investment Management LLC acquired a new stake in shares of iShares Core Total USD Bond Market ETF during the second quarter valued at about $51,000. Atlantic Union Bankshares Corp purchased a new stake in shares of iShares Core Total USD Bond Market ETF in the 2nd quarter valued at approximately $52,000. Key Financial Inc raised its stake in shares of 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 valued at $55,000 after acquiring an additional 275 shares during the period. Finally, Investors Research Corp lifted its holdings in shares of iShares Core Total USD Bond Market ETF by 111.7% in the 3rd quarter. Investors Research Corp now owns 1,391 shares of the company’s stock worth $65,000 after acquiring an additional 734 shares during the last quarter.

iShares Core Total USD Bond Market ETF Stock Performance

iShares Core Total USD Bond Market ETF stock opened at $46.50 on Wednesday. The company has a market capitalization of $33.05 billion, a PE ratio of 10.80 and a beta of 0.26. iShares Core Total USD Bond Market ETF has a fifty-two week low of $44.67 and a fifty-two week high of $47.20. The firm has a 50 day moving average price of $46.77 and a 200 day moving average price of $46.41.

iShares Core Total USD Bond Market ETF Increases Dividend

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, December 24th. Investors of record on Friday, December 19th will be issued a $0.1648 dividend. The ex-dividend date is Friday, December 19th. This represents a c) annualized dividend and a dividend yield of 4.3%. This is a boost from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16.

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.