Parallel Advisors LLC Trims Stock Holdings in iShares Core Total USD Bond Market ETF $IUSB

Parallel Advisors LLC lowered its stake in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 31.9% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 38,152 shares of the company’s stock after selling 17,862 shares during the period. Parallel Advisors LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $1,762,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. NewEdge Advisors LLC raised its stake in iShares Core Total USD Bond Market ETF by 8.9% in the 1st quarter. NewEdge Advisors LLC now owns 3,087,463 shares of the company’s stock valued at $142,610,000 after purchasing an additional 252,999 shares during the last quarter. Concorde Asset Management LLC boosted its stake in shares of iShares Core Total USD Bond Market ETF by 1.2% during the 1st quarter. Concorde Asset Management LLC now owns 102,539 shares of the company’s stock worth $4,736,000 after purchasing an additional 1,246 shares during the last quarter. Security Financial Services INC. grew its holdings in shares of iShares Core Total USD Bond Market ETF by 6.5% during the first quarter. Security Financial Services INC. now owns 210,078 shares of the company’s stock worth $9,704,000 after buying an additional 12,893 shares in the last quarter. Serenity Investment Advisors purchased a new stake in shares of iShares Core Total USD Bond Market ETF during the first quarter worth about $204,000. Finally, Wellington Grp LLC grew its holdings in shares of iShares Core Total USD Bond Market ETF by 947.5% during the first quarter. Wellington Grp LLC now owns 3,928 shares of the company’s stock worth $181,000 after buying an additional 3,553 shares in the last quarter.

iShares Core Total USD Bond Market ETF Price Performance

NASDAQ:IUSB opened at $45.54 on Friday. The firm has a market cap of $43.13 billion, a PE ratio of 10.80 and a beta of 0.26. The firm has a 50 day simple moving average of $45.83 and a 200-day simple moving average of $46.20. iShares Core Total USD Bond Market ETF has a 1-year low of $45.32 and a 1-year high of $47.23.

iShares Core Total USD Bond Market ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Thursday, August 6th. Shareholders of record on Monday, August 3rd were paid a $0.1686 dividend. The ex-dividend date of this dividend was Monday, August 3rd.

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.