Transcend Capital Advisors LLC Has $3.49 Million Stock Position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Transcend Capital Advisors LLC reduced its stake in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 13.6% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 75,642 shares of the company’s stock after selling 11,944 shares during the period. Transcend Capital Advisors LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $3,485,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the stock. Envestnet Portfolio Solutions Inc. acquired a new stake in shares of iShares Core Total USD Bond Market ETF in the third quarter valued at approximately $640,407,000. JPMorgan Chase & Co. raised its holdings in shares of iShares Core Total USD Bond Market ETF by 20,036.6% in the third quarter. JPMorgan Chase & Co. now owns 12,643,991 shares of the company’s stock valued at $552,746,000 after purchasing an additional 12,581,200 shares during the last quarter. Financial Gravity Asset Management Inc. raised its holdings in shares of iShares Core Total USD Bond Market ETF by 989.9% in the third quarter. Financial Gravity Asset Management Inc. now owns 2,096,776 shares of the company’s stock valued at $91,671,000 after purchasing an additional 1,904,397 shares during the last quarter. Signature Estate & Investment Advisors LLC acquired a new stake in shares of iShares Core Total USD Bond Market ETF in the fourth quarter valued at approximately $67,629,000. Finally, US Bancorp DE raised its holdings in shares of iShares Core Total USD Bond Market ETF by 98,451.0% in the third quarter. US Bancorp DE now owns 1,413,222 shares of the company’s stock valued at $61,779,000 after purchasing an additional 1,411,788 shares during the last quarter.

iShares Core Total USD Bond Market ETF Price Performance

Shares of NASDAQ IUSB traded up $0.11 during midday trading on Friday, reaching $44.45. The company’s stock had a trading volume of 1,716,656 shares, compared to its average volume of 3,361,376. iShares Core Total USD Bond Market ETF has a fifty-two week low of $42.56 and a fifty-two week high of $46.40. The stock has a 50 day simple moving average of $45.11 and a 200-day simple moving average of $44.92.

iShares Core Total USD Bond Market ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, April 5th. Stockholders of record on Tuesday, April 2nd were issued a $0.1503 dividend. The ex-dividend date of this dividend was Monday, April 1st. This represents a $1.80 dividend on an annualized basis and a dividend yield of 4.06%.

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.