iShares Core Total USD Bond Market ETF $IUSB is Foundations Investment Advisors LLC’s 5th Largest Position

Foundations Investment Advisors LLC cut its stake in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 1.6% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,272,114 shares of the company’s stock after selling 53,752 shares during the period. iShares Core Total USD Bond Market ETF accounts for about 2.2% of Foundations Investment Advisors LLC’s portfolio, making the stock its 5th biggest position. Foundations Investment Advisors LLC owned about 0.46% of iShares Core Total USD Bond Market ETF worth $152,840,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also modified their holdings of the stock. Team Financial Group LLC raised its holdings in iShares Core Total USD Bond Market ETF by 54.4% during the 3rd quarter. Team Financial Group LLC now owns 619 shares of the company’s stock valued at $29,000 after buying an additional 218 shares during the period. Richardson Capital Management LLC bought a new position in iShares Core Total USD Bond Market ETF during the third quarter valued at $43,000. Anchor Investment Management LLC purchased a new stake in shares of iShares Core Total USD Bond Market ETF in the second quarter valued at $51,000. Atlantic Union Bankshares Corp bought a new stake in shares of iShares Core Total USD Bond Market ETF in the 2nd quarter worth about $52,000. Finally, Key Financial Inc lifted its holdings in shares of iShares Core Total USD Bond Market ETF by 30.2% in the 2nd quarter. Key Financial Inc now owns 1,185 shares of the company’s stock worth $55,000 after acquiring an additional 275 shares during the last quarter.

iShares Core Total USD Bond Market ETF Price Performance

iShares Core Total USD Bond Market ETF stock opened at $46.68 on Thursday. iShares Core Total USD Bond Market ETF has a 1-year low of $44.74 and a 1-year high of $47.20. The firm has a market capitalization of $34.94 billion, a P/E ratio of 10.80 and a beta of 0.26. The company’s 50-day moving average is $46.66 and its 200 day moving average is $46.55.

iShares Core Total USD Bond Market ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, December 24th. Stockholders of record on Friday, December 19th were paid a dividend of $0.1648 per share. This is a positive change from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date of this dividend was Friday, December 19th.

About iShares Core Total USD Bond Market ETF

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.