Sutton Place Investors LLC Sells 10,513 Shares of iShares Core Total USD Bond Market ETF $IUSB

Sutton Place Investors LLC decreased its position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 21.1% during the 2nd quarter, HoldingsChannel reports. The fund owned 39,327 shares of the company’s stock after selling 10,513 shares during the quarter. iShares Core Total USD Bond Market ETF comprises about 1.1% of Sutton Place Investors LLC’s portfolio, making the stock its 27th largest holding. Sutton Place Investors LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $1,818,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. CX Institutional bought a new stake in iShares Core Total USD Bond Market ETF in the 1st quarter valued at approximately $41,000. AlphaCore Capital LLC bought a new stake in shares of iShares Core Total USD Bond Market ETF during the 1st quarter worth approximately $47,000. N.E.W. Advisory Services LLC bought a new stake in shares of iShares Core Total USD Bond Market ETF during the 1st quarter worth approximately $50,000. NorthRock Partners LLC raised its stake in shares of iShares Core Total USD Bond Market ETF by 379.1% during the 1st quarter. NorthRock Partners LLC now owns 1,418 shares of the company’s stock worth $65,000 after purchasing an additional 1,122 shares in the last quarter. Finally, Quest 10 Wealth Builders Inc. raised its stake in shares of iShares Core Total USD Bond Market ETF by 233.9% during the 1st quarter. Quest 10 Wealth Builders Inc. now owns 1,666 shares of the company’s stock worth $77,000 after purchasing an additional 1,167 shares in the last quarter.

iShares Core Total USD Bond Market ETF Stock Down 0.1%

Shares of iShares Core Total USD Bond Market ETF stock opened at $46.67 on Friday. iShares Core Total USD Bond Market ETF has a 12-month low of $44.67 and a 12-month high of $47.03. The stock has a market cap of $33.08 billion, a P/E ratio of 10.80 and a beta of 0.15. The business’s 50 day moving average is $46.43 and its 200-day moving average is $45.95.

iShares Core Total USD Bond Market ETF Increases Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, October 6th. Stockholders of record on Wednesday, October 1st will be paid a dividend of $0.1668 per share. The ex-dividend date is Wednesday, October 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%. This is an increase 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.