iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) Stock Holdings Cut by Tennessee Valley Asset Management Partners

Tennessee Valley Asset Management Partners reduced its holdings in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 3.2% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 312,345 shares of the company’s stock after selling 10,354 shares during the period. iShares Core Total USD Bond Market ETF makes up 2.4% of Tennessee Valley Asset Management Partners’ portfolio, making the stock its 10th largest holding. Tennessee Valley Asset Management Partners’ holdings in iShares Core Total USD Bond Market ETF were worth $14,118,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in IUSB. Charles Schwab Investment Management Inc. lifted its position in iShares Core Total USD Bond Market ETF by 39.1% in the third quarter. Charles Schwab Investment Management Inc. now owns 9,548 shares of the company’s stock worth $450,000 after buying an additional 2,682 shares during the last quarter. Creative Planning raised its stake in shares of iShares Core Total USD Bond Market ETF by 8.0% in the third quarter. Creative Planning now owns 54,714 shares of the company’s stock valued at $2,578,000 after acquiring an additional 4,037 shares during the period. Alternative Investment Advisors LLC. bought a new stake in shares of iShares Core Total USD Bond Market ETF in the 2nd quarter worth about $1,995,000. RFG Advisory LLC boosted its stake in shares of iShares Core Total USD Bond Market ETF by 14.8% during the 3rd quarter. RFG Advisory LLC now owns 466,345 shares of the company’s stock worth $21,974,000 after purchasing an additional 60,166 shares during the period. Finally, Beaird Harris Wealth Management LLC grew its holdings in iShares Core Total USD Bond Market ETF by 168.4% during the 3rd quarter. Beaird Harris Wealth Management LLC now owns 942 shares of the company’s stock valued at $44,000 after purchasing an additional 591 shares during the last quarter.

iShares Core Total USD Bond Market ETF Price Performance

Shares of NASDAQ IUSB opened at $45.27 on Monday. iShares Core Total USD Bond Market ETF has a 1 year low of $44.21 and a 1 year high of $47.44. The firm has a 50-day simple moving average of $45.46 and a two-hundred day simple moving average of $46.05.

iShares Core Total USD Bond Market ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were paid a dividend of $0.1605 per share. This is a positive change from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16. This represents a $1.93 dividend on an annualized basis and a dividend yield of 4.25%. The ex-dividend date of this dividend was Wednesday, December 18th.

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.