Western Financial Corp CA Lowers Stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Western Financial Corp CA cut its position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 24.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 19,747 shares of the company’s stock after selling 6,459 shares during the period. Western Financial Corp CA’s holdings in iShares Core Total USD Bond Market ETF were worth $893,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of IUSB. Abich Financial Wealth Management LLC purchased a new stake in iShares Core Total USD Bond Market ETF in the 3rd quarter worth $25,000. SWAN Capital LLC bought a new position in shares of iShares Core Total USD Bond Market ETF in the third quarter worth about $25,000. Peterson Financial Group Inc. purchased a new stake in shares of iShares Core Total USD Bond Market ETF during the third 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 valued at approximately $31,000. Finally, Darwin Wealth Management LLC purchased a new position in iShares Core Total USD Bond Market ETF in the 3rd quarter worth approximately $32,000.

iShares Core Total USD Bond Market ETF Stock Performance

IUSB stock opened at $45.45 on Friday. iShares Core Total USD Bond Market ETF has a 1-year low of $44.21 and a 1-year high of $47.44. The business has a 50 day simple moving average of $45.45 and a two-hundred day simple moving average of $46.05.

iShares Core Total USD Bond Market ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were given a dividend of $0.1605 per share. This is a positive change from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16. The ex-dividend date of this dividend was Wednesday, December 18th. This represents a $1.93 dividend on an annualized basis and a dividend yield of 4.24%.

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.