Park Place Capital Corp Trims Holdings in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Park Place Capital Corp trimmed its position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 15.2% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 94,933 shares of the company’s stock after selling 17,056 shares during the quarter. iShares Core Total USD Bond Market ETF comprises 1.4% of Park Place Capital Corp’s holdings, making the stock its 15th largest position. Park Place Capital Corp’s holdings in iShares Core Total USD Bond Market ETF were worth $4,293,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Andina Capital Management LLC purchased a new stake in iShares Core Total USD Bond Market ETF during the fourth quarter worth $4,610,000. Savvy Advisors Inc. purchased a new stake in iShares Core Total USD Bond Market ETF during the fourth quarter worth $2,734,000. Burt Wealth Advisors boosted its holdings in iShares Core Total USD Bond Market ETF by 15.1% during the fourth quarter. Burt Wealth Advisors now owns 17,692 shares of the company’s stock worth $815,000 after buying an additional 2,325 shares in the last quarter. Family Asset Management LLC boosted its holdings in iShares Core Total USD Bond Market ETF by 1,813.3% during the fourth quarter. Family Asset Management LLC now owns 861 shares of the company’s stock worth $40,000 after buying an additional 816 shares in the last quarter. Finally, TSA Wealth Managment LLC purchased a new stake in iShares Core Total USD Bond Market ETF during the fourth quarter worth $11,569,000.

iShares Core Total USD Bond Market ETF Stock Performance

NASDAQ:IUSB traded up $0.49 during trading hours on Friday, reaching $46.60. 1,962,059 shares of the company were exchanged, compared to its average volume of 2,782,757. The stock’s 50-day moving average is $45.44 and its 200-day moving average is $45.27. iShares Core Total USD Bond Market ETF has a twelve month low of $42.56 and a twelve month high of $46.61.

iShares Core Total USD Bond Market ETF Increases Dividend

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, August 6th. Shareholders of record on Thursday, August 1st will be given a dividend of $0.1568 per share. The ex-dividend date of this dividend is Thursday, August 1st. This is a boost from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.15. This represents a $1.88 dividend on an annualized basis and a yield of 4.04%.

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.