iShares Core Total USD Bond Market ETF $IUSB Stock Position Lessened by Cwm LLC

Cwm LLC lessened its holdings in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 1.5% during the 3rd quarter, Holdings Channel reports. The firm owned 17,108,743 shares of the company’s stock after selling 266,369 shares during the period. iShares Core Total USD Bond Market ETF makes up about 2.4% of Cwm LLC’s holdings, making the stock its 2nd biggest position. Cwm LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $799,149,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Gallagher Fiduciary Advisors LLC boosted its position in iShares Core Total USD Bond Market ETF by 3,595.7% in the 2nd quarter. Gallagher Fiduciary Advisors LLC now owns 3,377,749 shares of the company’s stock valued at $156,153,000 after buying an additional 3,286,352 shares during the period. Jones Financial Companies Lllp boosted its holdings in iShares Core Total USD Bond Market ETF by 3.1% in the first quarter. Jones Financial Companies Lllp now owns 62,382,141 shares of the company’s stock valued at $2,868,351,000 after purchasing an additional 1,856,559 shares during the period. Spire Wealth Management boosted its holdings in iShares Core Total USD Bond Market ETF by 1,276.8% in the second quarter. Spire Wealth Management now owns 1,888,940 shares of the company’s stock valued at $86,970,000 after purchasing an additional 1,751,742 shares during the period. Northwestern Mutual Wealth Management Co. grew its stake in iShares Core Total USD Bond Market ETF by 5.8% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 24,317,154 shares of the company’s stock worth $1,124,182,000 after purchasing an additional 1,330,484 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its holdings in iShares Core Total USD Bond Market ETF by 3.4% during the 2nd quarter. JPMorgan Chase & Co. now owns 18,782,389 shares of the company’s stock worth $868,310,000 after purchasing an additional 618,328 shares during the period.

iShares Core Total USD Bond Market ETF Price Performance

IUSB stock opened at $46.62 on Friday. The business’s 50-day moving average is $46.76 and its two-hundred day moving average is $46.42. The firm has a market capitalization of $33.13 billion, a P/E ratio of 10.80 and a beta of 0.26. iShares Core Total USD Bond Market ETF has a 1 year low of $44.67 and a 1 year high of $47.20.

iShares Core Total USD Bond Market ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, December 24th. Investors of record on Friday, December 19th were paid a $0.1648 dividend. This is an increase from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16. This represents a c) dividend on an annualized basis and a yield of 4.2%. The ex-dividend date was Friday, December 19th.

iShares Core Total USD Bond Market ETF Company 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.