Kingswood Wealth Advisors LLC Lowers Stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Kingswood Wealth Advisors LLC cut its position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 6.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 30,844 shares of the company’s stock after selling 2,168 shares during the period. Kingswood Wealth Advisors LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $1,394,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently modified their holdings of the company. LPL Financial LLC increased its position in iShares Core Total USD Bond Market ETF by 20.3% in the third quarter. LPL Financial LLC now owns 39,330,716 shares of the company’s stock worth $1,853,263,000 after purchasing an additional 6,632,679 shares during the last quarter. CWM LLC increased its position in iShares Core Total USD Bond Market ETF by 19.5% during the third quarter. CWM LLC now owns 21,325,421 shares of the company’s stock valued at $1,004,854,000 after acquiring an additional 3,483,112 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in iShares Core Total USD Bond Market ETF by 14.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 20,716,912 shares of the company’s stock valued at $976,181,000 after purchasing an additional 2,651,218 shares during the last quarter. Park Avenue Securities LLC raised its holdings in shares of iShares Core Total USD Bond Market ETF by 17.8% in the third quarter. Park Avenue Securities LLC now owns 12,498,157 shares of the company’s stock worth $588,913,000 after buying an additional 1,890,434 shares during the period. Finally, Janney Montgomery Scott LLC increased its stake in iShares Core Total USD Bond Market ETF by 18.1% in the third quarter. Janney Montgomery Scott LLC now owns 9,687,022 shares of the company’s stock worth $456,453,000 after purchasing an additional 1,484,171 shares during the period.

iShares Core Total USD Bond Market ETF Price Performance

Shares of IUSB opened at $45.49 on Tuesday. The firm has a fifty day moving average price of $45.46 and a 200-day moving average price of $46.06. iShares Core Total USD Bond Market ETF has a 12-month low of $44.21 and a 12-month high of $47.44.

iShares Core Total USD Bond Market ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were paid a $0.1605 dividend. This is an increase 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 yield of 4.23%. The ex-dividend date was Wednesday, December 18th.

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.