Linscomb Wealth Inc. Trims Stock Position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Linscomb Wealth Inc. cut its stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 1.1% in the 1st quarter, Holdings Channel reports. The firm owned 26,374 shares of the company’s stock after selling 281 shares during the period. Linscomb Wealth Inc.’s holdings in iShares Core Total USD Bond Market ETF were worth $1,202,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of IUSB. Jones Financial Companies Lllp raised its stake in iShares Core Total USD Bond Market ETF by 92.8% in the fourth quarter. Jones Financial Companies Lllp now owns 47,864,940 shares of the company’s stock worth $2,205,138,000 after buying an additional 23,039,032 shares in the last quarter. Envestnet Portfolio Solutions Inc. raised its position in shares of iShares Core Total USD Bond Market ETF by 37.8% in the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 19,623,354 shares of the company’s stock worth $894,629,000 after acquiring an additional 5,381,121 shares in the last quarter. Park Avenue Securities LLC lifted its stake in shares of iShares Core Total USD Bond Market ETF by 38.7% in the 1st quarter. Park Avenue Securities LLC now owns 10,871,783 shares of the company’s stock valued at $495,645,000 after purchasing an additional 3,035,201 shares during the period. Janney Montgomery Scott LLC lifted its stake in shares of iShares Core Total USD Bond Market ETF by 36.5% in the 1st quarter. Janney Montgomery Scott LLC now owns 8,083,304 shares of the company’s stock valued at $368,518,000 after purchasing an additional 2,160,414 shares during the period. Finally, Bank of New York Mellon Corp boosted its position in shares of iShares Core Total USD Bond Market ETF by 39.9% during the first quarter. Bank of New York Mellon Corp now owns 6,562,617 shares of the company’s stock valued at $299,190,000 after purchasing an additional 1,870,541 shares in the last quarter.

iShares Core Total USD Bond Market ETF Price Performance

IUSB traded up $0.18 during trading on Friday, reaching $45.77. The stock had a trading volume of 1,494,672 shares, compared to its average volume of 2,815,290. The stock’s 50 day moving average is $45.34 and its two-hundred day moving average is $45.26. iShares Core Total USD Bond Market ETF has a one year low of $42.56 and a one year high of $46.35.

iShares Core Total USD Bond Market ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Friday, July 5th. Investors of record on Monday, July 1st were paid a $0.152 dividend. The ex-dividend date was Monday, July 1st. This represents a $1.82 annualized dividend and a dividend yield of 3.98%.

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.