Kestra Investment Management LLC Sells 467,061 Shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Kestra Investment Management LLC cut its holdings in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 10.1% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 4,153,526 shares of the company’s stock after selling 467,061 shares during the period. iShares Core Total USD Bond Market ETF accounts for about 7.4% of Kestra Investment Management LLC’s holdings, making the stock its 3rd biggest position. Kestra Investment Management LLC owned 0.58% of iShares Core Total USD Bond Market ETF worth $187,739,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. LPL Financial LLC grew its holdings in shares of iShares Core Total USD Bond Market ETF by 20.3% during the 3rd 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 period. Life Planning Partners Inc grew its stake in iShares Core Total USD Bond Market ETF by 4,352.9% during the fourth quarter. Life Planning Partners Inc now owns 4,380,903 shares of the company’s stock worth $198,017,000 after buying an additional 4,282,520 shares during the period. JPMorgan Chase & Co. increased its position in shares of iShares Core Total USD Bond Market ETF by 14.7% in the third quarter. JPMorgan Chase & Co. now owns 20,716,912 shares of the company’s stock worth $976,181,000 after acquiring an additional 2,651,218 shares in the last quarter. MML Investors Services LLC raised its stake in shares of iShares Core Total USD Bond Market ETF by 22.2% in the 3rd quarter. MML Investors Services LLC now owns 8,454,621 shares of the company’s stock valued at $398,382,000 after acquiring an additional 1,535,400 shares during the period. Finally, Janney Montgomery Scott LLC boosted its position in iShares Core Total USD Bond Market ETF by 18.1% during the 3rd 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 Stock Performance

NASDAQ IUSB opened at $45.58 on Tuesday. iShares Core Total USD Bond Market ETF has a fifty-two week low of $44.21 and a fifty-two week high of $47.44. The business has a 50 day moving average price of $45.32 and a two-hundred day moving average price of $46.03.

iShares Core Total USD Bond Market ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were issued a $0.1542 dividend. The ex-dividend date of this dividend was Monday, February 3rd.

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.