iShares Core Total USD Bond Market ETF $IUSB Stake Reduced by StoneX Group Inc.

StoneX Group Inc. cut its holdings in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 47.0% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 13,810 shares of the company’s stock after selling 12,268 shares during the quarter. StoneX Group Inc.’s holdings in iShares Core Total USD Bond Market ETF were worth $612,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Ethos Capital Management Inc. grew its stake in shares of iShares Core Total USD Bond Market ETF by 8.9% in the 3rd quarter. Ethos Capital Management Inc. now owns 9,847 shares of the company’s stock worth $434,000 after purchasing an additional 804 shares during the last quarter. Montgomery Financial Services LLC boosted its holdings in iShares Core Total USD Bond Market ETF by 343.3% during the third quarter. Montgomery Financial Services LLC now owns 8,556 shares of the company’s stock worth $377,000 after buying an additional 6,626 shares in the last quarter. Verus Capital Partners LLC boosted its holdings in iShares Core Total USD Bond Market ETF by 24.0% during the third quarter. Verus Capital Partners LLC now owns 208,654 shares of the company’s stock worth $9,200,000 after buying an additional 40,413 shares in the last quarter. Parallel Advisors LLC boosted its holdings in iShares Core Total USD Bond Market ETF by 208.3% during the third quarter. Parallel Advisors LLC now owns 130,863 shares of the company’s stock worth $5,770,000 after buying an additional 88,412 shares in the last quarter. Finally, Merkkuri Wealth Advisors LLC grew its position in iShares Core Total USD Bond Market ETF by 27.5% in the third quarter. Merkkuri Wealth Advisors LLC now owns 69,046 shares of the company’s stock worth $3,044,000 after buying an additional 14,880 shares during the last quarter.

iShares Core Total USD Bond Market ETF Stock Performance

iShares Core Total USD Bond Market ETF stock opened at $44.66 on Thursday. The firm has a market cap of $50.14 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. The firm’s 50 day moving average price is $44.60 and its two-hundred day moving average price is $45.73.

iShares Core Total USD Bond Market ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, November 5th. Stockholders of record on Monday, November 2nd were paid a dividend of $0.1718 per share. The ex-dividend date of this dividend was Monday, November 2nd. This represents a $2.06 annualized dividend and a dividend yield of 4.6%. This is a boost from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.1544.

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.