Absolute Capital Management LLC Has $1.65 Million Stock Position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Absolute Capital Management LLC reduced its stake in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 10.9% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 35,845 shares of the company’s stock after selling 4,368 shares during the quarter. iShares Core Total USD Bond Market ETF accounts for 1.5% of Absolute Capital Management LLC’s holdings, making the stock its 22nd biggest holding. Absolute Capital Management LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $1,651,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of the stock. Parkside Financial Bank & Trust acquired a new stake in iShares Core Total USD Bond Market ETF in the fourth quarter valued at about $27,000. Planned Solutions Inc. acquired a new stake in iShares Core Total USD Bond Market ETF in the fourth quarter valued at about $28,000. Simplex Trading LLC acquired a new stake in iShares Core Total USD Bond Market ETF in the fourth quarter valued at about $30,000. Asset Dedication LLC acquired a new stake in iShares Core Total USD Bond Market ETF in the third quarter valued at about $37,000. Finally, Whittier Trust Co. of Nevada Inc. acquired a new stake in iShares Core Total USD Bond Market ETF in the fourth quarter valued at about $43,000.

iShares Core Total USD Bond Market ETF Stock Up 0.2 %

NASDAQ:IUSB opened at $44.45 on Friday. The stock’s 50-day simple moving average is $45.11 and its 200 day simple moving average is $44.93. iShares Core Total USD Bond Market ETF has a twelve month low of $42.56 and a twelve month high of $46.40.

iShares Core Total USD Bond Market ETF Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Friday, April 5th. Stockholders of record on Tuesday, April 2nd were issued a dividend of $0.1503 per share. This represents a $1.80 annualized dividend and a dividend yield of 4.06%. The ex-dividend date was Monday, April 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.