Liberty Wealth Management LLC Cuts Stock Position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Liberty Wealth Management LLC cut its stake in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 5.6% during the 4th quarter, Holdings Channel reports. The fund owned 310,344 shares of the company’s stock after selling 18,542 shares during the period. iShares Core Total USD Bond Market ETF comprises approximately 2.3% of Liberty Wealth Management LLC’s investment portfolio, making the stock its 9th largest position. Liberty Wealth Management LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $13,945,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Farther Finance Advisors LLC lifted its stake in shares of iShares Core Total USD Bond Market ETF by 10.2% in the fourth quarter. Farther Finance Advisors LLC now owns 1,680,738 shares of the company’s stock valued at $75,969,000 after buying an additional 155,008 shares in the last quarter. Sequoia Financial Advisors LLC bought a new position in shares of iShares Core Total USD Bond Market ETF in the fourth quarter valued at $200,000. PFG Advisors lifted its stake in shares of iShares Core Total USD Bond Market ETF by 1.5% in the fourth quarter. PFG Advisors now owns 278,153 shares of the company’s stock valued at $12,573,000 after buying an additional 4,012 shares in the last quarter. Inspire Advisors LLC lifted its stake in shares of iShares Core Total USD Bond Market ETF by 36.3% in the fourth quarter. Inspire Advisors LLC now owns 6,390 shares of the company’s stock valued at $289,000 after buying an additional 1,703 shares in the last quarter. Finally, Riverbend Wealth Management LLC bought a new position in shares of iShares Core Total USD Bond Market ETF in the fourth quarter valued at $242,000.

iShares Core Total USD Bond Market ETF Trading Down 0.3 %

iShares Core Total USD Bond Market ETF stock opened at $45.85 on Wednesday. iShares Core Total USD Bond Market ETF has a 1-year low of $44.21 and a 1-year high of $47.44. The firm has a market capitalization of $32.61 billion, a price-to-earnings ratio of 16.77 and a beta of 0.15. The firm’s fifty day moving average price is $45.46 and its two-hundred day moving average price is $45.95.

iShares Core Total USD Bond Market ETF Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were issued a $0.1553 dividend. The ex-dividend date of this dividend was Monday, March 3rd. This is an increase from iShares Core Total USD Bond Market ETF’s previous dividend of $0.15.

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.