Vestmark Advisory Solutions Inc. Sells 11,024 Shares of iShares Core Total USD Bond Market ETF $IUSB

Vestmark Advisory Solutions Inc. reduced its stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 22.1% during the 3rd quarter, Holdings Channel reports. The fund owned 38,839 shares of the company’s stock after selling 11,024 shares during the period. Vestmark Advisory Solutions Inc.’s holdings in iShares Core Total USD Bond Market ETF were worth $1,814,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently made changes to their positions in the company. Team Financial Group LLC increased its stake in shares of iShares Core Total USD Bond Market ETF by 54.4% during the third quarter. Team Financial Group LLC now owns 619 shares of the company’s stock worth $29,000 after purchasing an additional 218 shares during the period. Snider Financial Group lifted its holdings in shares of iShares Core Total USD Bond Market ETF by 3.6% during the third quarter. Snider Financial Group now owns 6,580 shares of the company’s stock worth $307,000 after buying an additional 231 shares in the last quarter. Leavell Investment Management Inc. grew its stake in shares of iShares Core Total USD Bond Market ETF by 0.6% in the third quarter. Leavell Investment Management Inc. now owns 40,535 shares of the company’s stock valued at $1,893,000 after acquiring an additional 240 shares in the last quarter. Linscomb Wealth Inc. raised its stake in iShares Core Total USD Bond Market ETF by 0.8% in the 3rd quarter. Linscomb Wealth Inc. now owns 31,738 shares of the company’s stock worth $1,482,000 after purchasing an additional 264 shares in the last quarter. Finally, Key Financial Inc raised its stake in 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 purchasing an additional 275 shares in the last quarter.

iShares Core Total USD Bond Market ETF Price Performance

iShares Core Total USD Bond Market ETF stock opened at $47.07 on Wednesday. The firm has a market cap of $35.40 billion, a PE ratio of 10.80 and a beta of 0.26. The stock’s fifty day moving average price is $46.69 and its two-hundred day moving average price is $46.67. iShares Core Total USD Bond Market ETF has a one year low of $44.74 and a one year high of $47.20.

iShares Core Total USD Bond Market ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were given a dividend of $0.165 per share. The ex-dividend date was Monday, February 2nd. This represents a c) annualized dividend and a dividend yield of 4.2%. This is a positive change from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16.

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.