Foundations Investment Advisors LLC Sells 232,887 Shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Foundations Investment Advisors LLC lessened its position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 7.6% during the 4th quarter, Holdings Channel reports. The firm owned 2,841,707 shares of the company’s stock after selling 232,887 shares during the quarter. iShares Core Total USD Bond Market ETF makes up about 2.5% of Foundations Investment Advisors LLC’s investment portfolio, making the stock its 3rd biggest position. Foundations Investment Advisors LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $128,445,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. SWAN Capital LLC bought a new stake in iShares Core Total USD Bond Market ETF during the 3rd quarter worth about $25,000. Abich Financial Wealth Management LLC bought a new stake in iShares Core Total USD Bond Market ETF during the 3rd quarter worth about $25,000. Peterson Financial Group Inc. bought a new stake in iShares Core Total USD Bond Market ETF during the 3rd quarter worth about $30,000. Evermay Wealth Management LLC bought a new stake in iShares Core Total USD Bond Market ETF during the 3rd quarter worth about $31,000. Finally, Darwin Wealth Management LLC bought a new stake in iShares Core Total USD Bond Market ETF during the 3rd quarter worth about $32,000.

iShares Core Total USD Bond Market ETF Price Performance

Shares of NASDAQ:IUSB opened at $45.46 on Monday. 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’s 50-day moving average price is $45.46 and its two-hundred day moving average price is $46.06.

iShares Core Total USD Bond Market ETF Increases Dividend

The business also recently disclosed 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 of this dividend was Wednesday, December 18th. This represents a $1.93 dividend on an annualized basis and a yield of 4.24%. This is a positive change from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16.

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.