Joseph Group Capital Management Lowers Stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Joseph Group Capital Management trimmed its holdings in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 35.8% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 1,170 shares of the company’s stock after selling 653 shares during the period. Joseph Group Capital Management’s holdings in iShares Core Total USD Bond Market ETF were worth $53,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in the business. Charles Schwab Investment Management Inc. lifted its position in iShares Core Total USD Bond Market ETF by 39.1% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 9,548 shares of the company’s stock worth $450,000 after acquiring an additional 2,682 shares during the period. Freedom Investment Management Inc. grew its position in iShares Core Total USD Bond Market ETF by 4.7% in the 3rd quarter. Freedom Investment Management Inc. now owns 6,249 shares of the company’s stock valued at $294,000 after buying an additional 281 shares during the last quarter. Fiduciary Trust Co increased its stake in iShares Core Total USD Bond Market ETF by 111.0% in the 3rd quarter. Fiduciary Trust Co now owns 17,493 shares of the company’s stock valued at $824,000 after buying an additional 9,204 shares during the period. Financial Counselors Inc. purchased a new position in iShares Core Total USD Bond Market ETF during the 3rd quarter worth $432,000. Finally, Captrust Financial Advisors lifted its stake in shares of iShares Core Total USD Bond Market ETF by 99.1% in the 3rd quarter. Captrust Financial Advisors now owns 107,538 shares of the company’s stock worth $5,067,000 after acquiring an additional 53,537 shares during the period.

iShares Core Total USD Bond Market ETF Stock Up 0.5 %

Shares of NASDAQ:IUSB opened at $45.98 on Friday. 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 firm’s 50-day simple moving average is $45.68 and its 200-day simple moving average is $45.87. The company has a market cap of $32.71 billion, a price-to-earnings ratio of 10.90 and a beta of 0.15.

iShares Core Total USD Bond Market ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were issued a $0.1553 dividend. The ex-dividend date was Monday, March 3rd. This is a positive change from iShares Core Total USD Bond Market ETF’s previous dividend of $0.15.

iShares Core Total USD Bond Market ETF Company 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.