iShares Core Total USD Bond Market ETF $IUSB Shares Sold by Avidian Wealth Enterprises LLC

Avidian Wealth Enterprises LLC cut its position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 3.4% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,107,132 shares of the company’s stock after selling 39,305 shares during the quarter. iShares Core Total USD Bond Market ETF comprises about 1.4% of Avidian Wealth Enterprises LLC’s portfolio, making the stock its 15th biggest holding. Avidian Wealth Enterprises LLC owned approximately 0.10% of iShares Core Total USD Bond Market ETF worth $48,813,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. increased its position in iShares Core Total USD Bond Market ETF by 35.3% during the second quarter. Envestnet Asset Management Inc. now owns 180,016,371 shares of the company’s stock worth $8,307,768,000 after acquiring an additional 46,935,169 shares during the period. Wells Fargo & Company MN grew its position in shares of iShares Core Total USD Bond Market ETF by 2.9% during the 4th quarter. Wells Fargo & Company MN now owns 47,946,578 shares of the company’s stock worth $2,231,434,000 after purchasing an additional 1,331,490 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in shares of iShares Core Total USD Bond Market ETF by 10.2% during the second 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 period. Envestnet Portfolio Solutions Inc. increased its holdings in shares of iShares Core Total USD Bond Market ETF by 35.1% during the second 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 period. Finally, Mariner LLC raised its position in shares of iShares Core Total USD Bond Market ETF by 15.1% in the fourth quarter. Mariner LLC now owns 16,120,286 shares of the company’s stock valued at $750,239,000 after buying an additional 2,115,404 shares in the last quarter.

iShares Core Total USD Bond Market ETF Price Performance

NASDAQ:IUSB traded up $0.05 during trading hours on Thursday, reaching $44.07. 3,006,693 shares of the company were exchanged, compared to its average volume of 5,141,367. The company has a market capitalization of $48.17 billion, a P/E ratio of 10.80 and a beta of 0.27. iShares Core Total USD Bond Market ETF has a 1-year low of $43.75 and a 1-year high of $47.23. The business has a 50 day moving average of $45.04 and a 200 day moving average of $45.67.

iShares Core Total USD Bond Market ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Thursday, October 1st were given a dividend of $0.1544 per share. This represents a $1.85 dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date was Thursday, October 1st.

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.