Hoese & Co LLP Trims Holdings in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Hoese & Co LLP cut its holdings in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 1.1% in the 4th quarter, HoldingsChannel.com reports. The firm owned 152,342 shares of the company’s stock after selling 1,675 shares during the period. iShares Core Total USD Bond Market ETF comprises approximately 6.0% of Hoese & Co LLP’s portfolio, making the stock its 5th largest holding. Hoese & Co LLP’s holdings in iShares Core Total USD Bond Market ETF were worth $6,886,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of IUSB. LPL Financial LLC boosted its position in iShares Core Total USD Bond Market ETF by 20.3% during the 3rd quarter. LPL Financial LLC now owns 39,330,716 shares of the company’s stock valued at $1,853,263,000 after buying an additional 6,632,679 shares during the period. CWM LLC boosted its holdings in shares of iShares Core Total USD Bond Market ETF by 19.5% during the third quarter. CWM LLC now owns 21,325,421 shares of the company’s stock worth $1,004,854,000 after purchasing an additional 3,483,112 shares during the period. Kestra Investment Management LLC bought a new stake in shares of iShares Core Total USD Bond Market ETF in the second quarter worth about $128,756,000. Sanctuary Advisors LLC purchased a new position in iShares Core Total USD Bond Market ETF during the 2nd quarter valued at about $124,848,000. Finally, JPMorgan Chase & Co. raised its position in iShares Core Total USD Bond Market ETF by 14.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 20,716,912 shares of the company’s stock valued at $976,181,000 after purchasing an additional 2,651,218 shares during the last quarter.

iShares Core Total USD Bond Market ETF Trading Up 0.0 %

NASDAQ IUSB opened at $45.20 on Tuesday. iShares Core Total USD Bond Market ETF has a fifty-two week low of $44.21 and a fifty-two week high of $47.44. The stock has a 50 day simple moving average of $45.50 and a two-hundred day simple moving average of $46.06.

iShares Core Total USD Bond Market ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were issued a $0.1605 dividend. The ex-dividend date of this dividend was Wednesday, December 18th. This represents a $1.93 annualized dividend and a yield of 4.26%. This is a boost from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16.

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.