HighTower Advisors LLC Sells 110,671 Shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

HighTower Advisors LLC cut its stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 17.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 526,615 shares of the company’s stock after selling 110,671 shares during the period. HighTower Advisors LLC owned 0.07% of iShares Core Total USD Bond Market ETF worth $23,803,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Thompson Investment Management Inc. boosted its stake in shares of iShares Core Total USD Bond Market ETF by 11.4% in the 4th quarter. Thompson Investment Management Inc. now owns 2,200 shares of the company’s stock valued at $99,000 after purchasing an additional 225 shares during the last quarter. Kovack Advisors Inc. boosted its position in iShares Core Total USD Bond Market ETF by 4.3% during the third quarter. Kovack Advisors Inc. now owns 5,557 shares of the company’s stock valued at $262,000 after acquiring an additional 227 shares during the last quarter. McAdam LLC grew its holdings in iShares Core Total USD Bond Market ETF by 2.3% during the 4th quarter. McAdam LLC now owns 10,354 shares of the company’s stock worth $468,000 after acquiring an additional 230 shares during the period. GPS Wealth Strategies Group LLC raised its position in shares of iShares Core Total USD Bond Market ETF by 14.1% in the 4th quarter. GPS Wealth Strategies Group LLC now owns 2,179 shares of the company’s stock worth $99,000 after acquiring an additional 270 shares in the last quarter. Finally, Tempus Wealth Planning LLC lifted its stake in shares of iShares Core Total USD Bond Market ETF by 0.5% in the 4th quarter. Tempus Wealth Planning LLC now owns 54,830 shares of the company’s stock valued at $2,478,000 after purchasing an additional 277 shares during the period.

iShares Core Total USD Bond Market ETF Price Performance

NASDAQ IUSB opened at $45.77 on Friday. The stock has a market capitalization of $32.56 billion, a P/E ratio of 16.77 and a beta of 0.15. The business has a 50 day simple moving average of $45.50 and a 200 day simple moving average of $45.94. 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 business also recently disclosed a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were given a dividend of $0.1553 per share. This is an increase from iShares Core Total USD Bond Market ETF’s previous dividend of $0.15. The ex-dividend date 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.