iShares Core Total USD Bond Market ETF $IUSB Stock: Tanager Wealth Management LLP Lowers Holdings

Tanager Wealth Management LLP cut its stake in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 10.0% during the third quarter, Holdings Channel.com reports. The institutional investor owned 245,100 shares of the company’s stock after selling 27,263 shares during the quarter. iShares Core Total USD Bond Market ETF accounts for about 0.9% of Tanager Wealth Management LLP’s investment portfolio, making the stock its 25th biggest holding. Tanager Wealth Management LLP’s holdings in iShares Core Total USD Bond Market ETF were worth $10,806,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Envestnet Asset Management Inc. increased its position in shares of iShares Core Total USD Bond Market ETF by 35.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 180,016,371 shares of the company’s stock valued at $8,307,768,000 after acquiring an additional 46,935,169 shares during the period. Northwestern Mutual Wealth Management Co. raised its stake in iShares Core Total USD Bond Market ETF by 10.2% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 33,421,651 shares of the company’s stock worth $1,542,409,000 after acquiring an additional 3,083,604 shares during the last quarter. Envestnet Portfolio Solutions Inc. lifted its position in iShares Core Total USD Bond Market ETF by 35.1% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 16,937,298 shares of the company’s stock worth $781,656,000 after acquiring an additional 4,399,948 shares during the period. Bank of New York Mellon Corp lifted its position in iShares Core Total USD Bond Market ETF by 13.8% during the 1st quarter. Bank of New York Mellon Corp now owns 10,974,170 shares of the company’s stock worth $506,897,000 after acquiring an additional 1,333,886 shares during the period. Finally, Cetera Investment Advisers lifted its position in iShares Core Total USD Bond Market ETF by 5.5% during the 1st quarter. Cetera Investment Advisers now owns 10,043,013 shares of the company’s stock worth $463,887,000 after acquiring an additional 520,120 shares during the period.

iShares Core Total USD Bond Market ETF Price Performance

iShares Core Total USD Bond Market ETF stock traded down $0.14 during trading hours on Monday, hitting $44.33. 6,179,532 shares of the stock traded hands, compared to its average volume of 5,189,364. The firm’s 50 day moving average price is $44.84 and its 200-day moving average price is $45.57. The stock has a market capitalization of $49.05 billion, a price-to-earnings ratio of 10.80 and a beta of 0.27. iShares Core Total USD Bond Market ETF has a 1 year low of $43.75 and a 1 year high of $47.23.

iShares Core Total USD Bond Market ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Thursday, October 1st were paid a $0.1544 dividend. This represents a $1.85 annualized dividend and a dividend yield of 4.2%. The ex-dividend date was Thursday, October 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.