iShares Core Total USD Bond Market ETF $IUSB Shares Sold by Bank of New York Mellon Corp

Bank of New York Mellon Corp reduced its stake in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 1.2% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,953,599 shares of the company’s stock after selling 110,634 shares during the quarter. Bank of New York Mellon Corp’s holdings in iShares Core Total USD Bond Market ETF were worth $418,223,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Avidian Wealth Enterprises LLC lifted its position in iShares Core Total USD Bond Market ETF by 3.0% in the 2nd quarter. Avidian Wealth Enterprises LLC now owns 1,000,740 shares of the company’s stock valued at $46,264,000 after purchasing an additional 28,709 shares during the last quarter. Acorn Wealth Advisors LLC acquired a new stake in iShares Core Total USD Bond Market ETF in the third quarter worth about $624,000. B. Riley Wealth Advisors Inc. acquired a new stake in shares of iShares Core Total USD Bond Market ETF in the 2nd quarter worth approximately $6,423,000. First Command Advisory Services Inc. boosted its stake in iShares Core Total USD Bond Market ETF by 5.4% during the 3rd quarter. First Command Advisory Services Inc. now owns 2,210,825 shares of the company’s stock valued at $103,268,000 after purchasing an additional 112,933 shares in the last quarter. Finally, Apella Capital LLC raised its stake in shares of iShares Core Total USD Bond Market ETF by 28.1% in the 3rd quarter. Apella Capital LLC now owns 662,537 shares of the company’s stock worth $31,159,000 after buying an additional 145,220 shares in the last quarter.

iShares Core Total USD Bond Market ETF Price Performance

Shares of IUSB stock opened at $46.68 on Friday. The stock has a 50-day simple moving average of $46.66 and a 200 day simple moving average of $46.56. The stock has a market capitalization of $34.94 billion, a P/E ratio of 10.80 and a beta of 0.26. iShares Core Total USD Bond Market ETF has a fifty-two week low of $44.74 and a fifty-two week high of $47.20.

iShares Core Total USD Bond Market ETF Increases Dividend

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

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.