Brookstone Capital Management Reduces Stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Brookstone Capital Management reduced its position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 21.1% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 581,972 shares of the company’s stock after selling 156,056 shares during the period. Brookstone Capital Management’s holdings in iShares Core Total USD Bond Market ETF were worth $26,305,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. National Bank of Canada FI bought a new position in iShares Core Total USD Bond Market ETF in the 2nd quarter worth $43,000. Williams Financial LLC bought a new position in iShares Core Total USD Bond Market ETF in the 2nd quarter worth $304,000. Spectrum Wealth Counsel LLC raised its holdings in iShares Core Total USD Bond Market ETF by 34.9% in the 2nd quarter. Spectrum Wealth Counsel LLC now owns 432,785 shares of the company’s stock worth $19,571,000 after purchasing an additional 111,997 shares during the period. Pinion Investment Advisors LLC bought a new position in iShares Core Total USD Bond Market ETF in the 2nd quarter worth $580,000. Finally, Financial Life Advisors raised its holdings in iShares Core Total USD Bond Market ETF by 3.1% in the 2nd quarter. Financial Life Advisors now owns 398,769 shares of the company’s stock worth $18,032,000 after purchasing an additional 11,882 shares during the period.

iShares Core Total USD Bond Market ETF Price Performance

iShares Core Total USD Bond Market ETF stock traded down $0.06 during trading on Monday, reaching $44.71. The company had a trading volume of 451,644 shares, compared to its average volume of 2,512,616. The firm’s 50-day simple moving average is $45.57 and its 200 day simple moving average is $46.07. iShares Core Total USD Bond Market ETF has a 52 week low of $44.21 and a 52 week high of $47.44.

iShares Core Total USD Bond Market ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were issued a dividend of $0.1605 per share. The ex-dividend date was Wednesday, December 18th. This is a boost from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16. This represents a $1.93 dividend on an annualized basis and a yield of 4.31%.

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.