iShares Core Total USD Bond Market ETF $IUSB Shares Sold by Sovran Advisors LLC

Sovran Advisors LLC lowered its position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 18.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 285,038 shares of the company’s stock after selling 66,481 shares during the quarter. iShares Core Total USD Bond Market ETF makes up approximately 1.2% of Sovran Advisors LLC’s portfolio, making the stock its 13th biggest position. Sovran Advisors LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $13,360,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of IUSB. Northwestern Mutual Wealth Management Co. boosted its stake in iShares Core Total USD Bond Market ETF by 5.8% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 24,317,154 shares of the company’s stock worth $1,124,182,000 after purchasing an additional 1,330,484 shares during the period. JPMorgan Chase & Co. grew its holdings in shares of iShares Core Total USD Bond Market ETF by 3.4% during the second quarter. JPMorgan Chase & Co. now owns 18,782,389 shares of the company’s stock worth $868,310,000 after buying an additional 618,328 shares during the last quarter. Ameriprise Financial Inc. increased its position in iShares Core Total USD Bond Market ETF by 0.7% in the 2nd quarter. Ameriprise Financial Inc. now owns 10,935,323 shares of the company’s stock valued at $505,179,000 after acquiring an additional 75,856 shares during the period. Bank of New York Mellon Corp raised its stake in iShares Core Total USD Bond Market ETF by 0.7% during the 2nd quarter. Bank of New York Mellon Corp now owns 9,064,233 shares of the company’s stock valued at $419,039,000 after acquiring an additional 63,877 shares during the last quarter. Finally, SigFig Wealth Management LLC lifted its position in iShares Core Total USD Bond Market ETF by 7.4% during the 3rd quarter. SigFig Wealth Management LLC now owns 4,424,772 shares of the company’s stock worth $206,681,000 after acquiring an additional 303,906 shares during the period.

iShares Core Total USD Bond Market ETF Trading Up 0.1%

NASDAQ:IUSB opened at $46.67 on Monday. The firm has a market cap of $34.94 billion, a P/E ratio of 10.80 and a beta of 0.26. The stock’s 50 day simple moving average is $46.66 and its 200-day simple moving average is $46.54. iShares Core Total USD Bond Market ETF has a 12-month low of $44.74 and a 12-month high of $47.20.

iShares Core Total USD Bond Market ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, December 24th. Shareholders of record on Friday, December 19th were paid a $0.1648 dividend. The ex-dividend date of this dividend was Friday, December 19th. This represents a c) annualized dividend and a yield of 4.2%. 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 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.