iShares Core Total USD Bond Market ETF $IUSB Shares Sold by VestGen Investment Management

VestGen Investment Management lowered its stake in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 18.9% during the second quarter, Holdings Channel reports. The firm owned 39,215 shares of the company’s stock after selling 9,138 shares during the period. iShares Core Total USD Bond Market ETF makes up approximately 1.3% of VestGen Investment Management’s investment portfolio, making the stock its 14th largest position. VestGen Investment Management’s holdings in iShares Core Total USD Bond Market ETF were worth $1,813,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in IUSB. Sequoia Financial Advisors LLC raised its position in iShares Core Total USD Bond Market ETF by 14.0% in the 1st quarter. Sequoia Financial Advisors LLC now owns 5,048 shares of the company’s stock valued at $233,000 after purchasing an additional 621 shares during the last quarter. Diversified Trust Co purchased a new stake in iShares Core Total USD Bond Market ETF in the 1st quarter valued at $277,000. Tsfg LLC raised its position in iShares Core Total USD Bond Market ETF by 1.0% in the 1st quarter. Tsfg LLC now owns 161,184 shares of the company’s stock valued at $7,427,000 after purchasing an additional 1,588 shares during the last quarter. Sovran Advisors LLC raised its position in iShares Core Total USD Bond Market ETF by 8.8% in the 1st quarter. Sovran Advisors LLC now owns 426,686 shares of the company’s stock valued at $19,431,000 after purchasing an additional 34,655 shares during the last quarter. Finally, Avidian Wealth Enterprises LLC raised its position in iShares Core Total USD Bond Market ETF by 25.1% in the 1st quarter. Avidian Wealth Enterprises LLC now owns 972,031 shares of the company’s stock valued at $44,791,000 after purchasing an additional 194,765 shares during the last quarter.

iShares Core Total USD Bond Market ETF Price Performance

IUSB stock opened at $47.08 on Friday. The company has a fifty day moving average price of $46.65 and a 200 day moving average price of $46.05. iShares Core Total USD Bond Market ETF has a 12 month low of $44.67 and a 12 month high of $47.17. The company has a market cap of $33.38 billion, a price-to-earnings ratio of 10.80 and a beta of 0.15.

iShares Core Total USD Bond Market ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, October 6th. Shareholders of record on Wednesday, October 1st were paid a $0.1668 dividend. The ex-dividend date of this dividend was Wednesday, October 1st. This represents a c) annualized dividend and a yield of 4.3%. This is an increase from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16.

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.