Envestnet Portfolio Solutions Inc. Sells 2,325,598 Shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Envestnet Portfolio Solutions Inc. lowered its holdings in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 9.8% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 21,442,516 shares of the company’s stock after selling 2,325,598 shares during the period. iShares Core Total USD Bond Market ETF makes up 3.2% of Envestnet Portfolio Solutions Inc.’s holdings, making the stock its 7th biggest holding. Envestnet Portfolio Solutions Inc. owned approximately 3.01% of iShares Core Total USD Bond Market ETF worth $969,202,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. SWAN Capital LLC purchased a new position in shares of iShares Core Total USD Bond Market ETF in the 3rd quarter valued at about $25,000. Peterson Financial Group Inc. acquired a new position in iShares Core Total USD Bond Market ETF during the 3rd quarter worth approximately $30,000. Synergy Investment Management LLC purchased a new stake in shares of iShares Core Total USD Bond Market ETF in the 4th quarter valued at approximately $29,000. Darwin Wealth Management LLC acquired a new stake in shares of iShares Core Total USD Bond Market ETF in the 3rd quarter valued at $32,000. Finally, First Financial Corp IN purchased a new stake in shares of iShares Core Total USD Bond Market ETF during the 4th quarter worth $35,000.

iShares Core Total USD Bond Market ETF Trading Down 0.2 %

Shares of IUSB stock opened at $45.77 on Friday. iShares Core Total USD Bond Market ETF has a 12 month low of $44.21 and a 12 month high of $47.44. The company has a market cap of $32.56 billion, a P/E ratio of 16.77 and a beta of 0.15. The firm has a fifty day moving average price of $45.50 and a 200 day moving average price of $45.94.

iShares Core Total USD Bond Market ETF Increases Dividend

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

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.