iShares Core Total USD Bond Market ETF $IUSB Stock Position Reduced by Icon Wealth Advisors LLC

Icon Wealth Advisors LLC cut its position in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 3.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 921,668 shares of the company’s stock after selling 37,398 shares during the period. iShares Core Total USD Bond Market ETF makes up 2.9% of Icon Wealth Advisors LLC’s holdings, making the stock its 9th biggest holding. Icon Wealth Advisors LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $42,894,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Wells Fargo & Company MN raised its stake in shares of iShares Core Total USD Bond Market ETF by 2.9% in the 4th quarter. Wells Fargo & Company MN now owns 47,946,578 shares of the company’s stock valued at $2,231,434,000 after acquiring an additional 1,331,490 shares during the period. LPL Financial LLC raised its stake in shares of iShares Core Total USD Bond Market ETF by 2.2% in the 4th quarter. LPL Financial LLC now owns 45,507,455 shares of the company’s stock valued at $2,117,917,000 after acquiring an additional 966,130 shares during the period. Northwestern Mutual Wealth Management Co. raised its stake in shares of iShares Core Total USD Bond Market ETF by 8.8% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 28,622,754 shares of the company’s stock valued at $1,332,103,000 after acquiring an additional 2,324,731 shares during the period. Morgan Stanley raised its stake in shares of iShares Core Total USD Bond Market ETF by 8.5% in the 4th quarter. Morgan Stanley now owns 24,700,344 shares of the company’s stock valued at $1,149,554,000 after acquiring an additional 1,931,838 shares during the period. Finally, JPMorgan Chase & Co. raised its stake in shares of iShares Core Total USD Bond Market ETF by 4.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 19,693,393 shares of the company’s stock valued at $919,878,000 after acquiring an additional 911,004 shares during the period.

iShares Core Total USD Bond Market ETF Stock Performance

iShares Core Total USD Bond Market ETF stock opened at $46.05 on Friday. The company’s 50 day simple moving average is $46.11 and its 200-day simple moving average is $46.44. The company has a market capitalization of $36.44 billion, a price-to-earnings ratio of 10.80 and a beta of 0.26. iShares Core Total USD Bond Market ETF has a 1 year low of $45.47 and a 1 year high of $47.23.

iShares Core Total USD Bond Market ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, June 4th. Stockholders of record on Monday, June 1st were paid a $0.1511 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date of this dividend was Monday, June 1st.

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.