BCU Wealth Advisors LLC Reduces Stock Holdings in iShares Core Total USD Bond Market ETF $IUSB

BCU Wealth Advisors LLC cut its holdings in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 17.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 126,342 shares of the company’s stock after selling 26,274 shares during the period. iShares Core Total USD Bond Market ETF comprises approximately 2.4% of BCU Wealth Advisors LLC’s portfolio, making the stock its 6th biggest holding. BCU Wealth Advisors LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $5,901,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Team Financial Group LLC raised its stake in shares of iShares Core Total USD Bond Market ETF by 54.4% during the 3rd quarter. Team Financial Group LLC now owns 619 shares of the company’s stock worth $29,000 after purchasing an additional 218 shares during the period. Anchor Investment Management LLC bought a new stake in iShares Core Total USD Bond Market ETF in the second quarter worth about $51,000. Atlantic Union Bankshares Corp purchased a new position in iShares Core Total USD Bond Market ETF in the second quarter valued at about $52,000. Key Financial Inc grew its position in shares of iShares Core Total USD Bond Market ETF by 30.2% during 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 increased its stake in shares of iShares Core Total USD Bond Market ETF by 111.7% during the 3rd quarter. Investors Research Corp now owns 1,391 shares of the company’s stock worth $65,000 after purchasing an additional 734 shares during the last quarter.

iShares Core Total USD Bond Market ETF Trading Up 0.2%

NASDAQ:IUSB opened at $46.62 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 firm’s 50 day moving average is $46.76 and its 200 day moving average is $46.42. The stock has a market capitalization of $33.13 billion, a PE ratio of 10.80 and a beta of 0.26.

iShares Core Total USD Bond Market ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, December 24th. Investors of record on Friday, December 19th were paid a $0.1648 dividend. The ex-dividend date was Friday, December 19th. This represents a c) dividend on an annualized basis and a yield of 4.2%. This is an increase 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.