iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) Position Trimmed by Parsons Capital Management Inc. RI

Parsons Capital Management Inc. RI lowered its stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 2.8% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 24,383 shares of the company’s stock after selling 701 shares during the period. Parsons Capital Management Inc. RI’s holdings in iShares Core Total USD Bond Market ETF were worth $1,102,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. LPL Financial LLC grew its holdings in shares of iShares Core Total USD Bond Market ETF by 20.3% in the 3rd quarter. LPL Financial LLC now owns 39,330,716 shares of the company’s stock worth $1,853,263,000 after acquiring an additional 6,632,679 shares during the last quarter. CWM LLC boosted its position in shares of iShares Core Total USD Bond Market ETF by 19.5% in the 3rd quarter. CWM LLC now owns 21,325,421 shares of the company’s stock valued at $1,004,854,000 after purchasing an additional 3,483,112 shares during the period. JPMorgan Chase & Co. increased its stake in iShares Core Total USD Bond Market ETF by 14.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 20,716,912 shares of the company’s stock worth $976,181,000 after purchasing an additional 2,651,218 shares in the last quarter. Park Avenue Securities LLC increased its stake in iShares Core Total USD Bond Market ETF by 17.8% in the 3rd quarter. Park Avenue Securities LLC now owns 12,498,157 shares of the company’s stock worth $588,913,000 after purchasing an additional 1,890,434 shares in the last quarter. Finally, Janney Montgomery Scott LLC raised its holdings in iShares Core Total USD Bond Market ETF by 18.1% during the 3rd quarter. Janney Montgomery Scott LLC now owns 9,687,022 shares of the company’s stock worth $456,453,000 after buying an additional 1,484,171 shares during the period.

iShares Core Total USD Bond Market ETF Trading Up 0.5 %

Shares of IUSB opened at $45.49 on Tuesday. The company has a 50-day moving average of $45.46 and a two-hundred day moving average of $46.06. iShares Core Total USD Bond Market ETF has a one year low of $44.21 and a one year high of $47.44.

iShares Core Total USD Bond Market ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were paid a $0.1605 dividend. This is a positive change from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16. The ex-dividend date of this dividend was Wednesday, December 18th. This represents a $1.93 dividend on an annualized basis and a yield of 4.23%.

iShares Core Total USD Bond Market ETF 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.