209,415 iShares Core Total USD Bond Market ETF $IUSB Shares Sold by Valley National Advisers Inc.

Valley National Advisers Inc. decreased its holdings in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 57.7% during the third quarter, according to its most recent disclosure with the SEC. The fund owned 153,441 shares of the company’s stock after selling 209,415 shares during the period. Valley National Advisers Inc.’s holdings in iShares Core Total USD Bond Market ETF were worth $6,765,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of the stock. Envestnet Asset Management Inc. boosted its stake in 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 worth $8,307,768,000 after purchasing an additional 46,935,169 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its position in iShares Core Total USD Bond Market ETF by 10.2% during 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 purchasing an additional 3,083,604 shares during the last quarter. Envestnet Portfolio Solutions Inc. grew 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 purchasing an additional 4,399,948 shares during the last quarter. Bank of New York Mellon Corp increased its stake 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 valued at $506,897,000 after purchasing an additional 1,333,886 shares in the last quarter. Finally, Cetera Investment Advisers increased its stake 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 valued at $463,887,000 after purchasing an additional 520,120 shares in the last quarter.

iShares Core Total USD Bond Market ETF Trading Down 0.2%

NASDAQ IUSB opened at $44.70 on Friday. The company has a fifty day simple moving average of $44.77 and a two-hundred day simple moving average of $45.53. The stock has a market cap of $49.62 billion, a P/E ratio of 10.80 and a beta of 0.27. iShares Core Total USD Bond Market ETF has a 12-month low of $43.75 and a 12-month high of $47.23.

iShares Core Total USD Bond Market ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Thursday, October 1st were issued a dividend of $0.1544 per share. The ex-dividend date of this dividend was Thursday, October 1st. This represents a $1.85 dividend on an annualized basis and a dividend yield of 4.1%.

iShares Core Total USD Bond Market ETF Company 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.