Firestone Capital Management Reduces Stock Holdings in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Firestone Capital Management lowered its stake in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 4.2% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 391,773 shares of the company’s stock after selling 17,255 shares during the period. iShares Core Total USD Bond Market ETF accounts for 5.6% of Firestone Capital Management’s holdings, making the stock its 4th biggest position. Firestone Capital Management’s holdings in iShares Core Total USD Bond Market ETF were worth $18,049,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Parkside Financial Bank & Trust bought a new stake in iShares Core Total USD Bond Market ETF in the 4th quarter valued at $27,000. Planned Solutions Inc. bought a new stake in iShares Core Total USD Bond Market ETF in the 4th quarter valued at $28,000. Simplex Trading LLC bought a new stake in iShares Core Total USD Bond Market ETF in the 4th quarter valued at $30,000. Asset Dedication LLC bought a new stake in iShares Core Total USD Bond Market ETF in the 3rd quarter valued at $37,000. Finally, Whittier Trust Co. of Nevada Inc. bought a new stake in iShares Core Total USD Bond Market ETF in the 4th quarter valued at $43,000.

iShares Core Total USD Bond Market ETF Stock Down 0.4 %

IUSB traded down $0.20 during trading hours on Tuesday, reaching $44.37. The company’s stock had a trading volume of 6,588,725 shares, compared to its average volume of 3,392,826. The company’s 50-day moving average is $45.10 and its 200-day moving average is $44.95. iShares Core Total USD Bond Market ETF has a 52 week low of $42.56 and a 52 week high of $46.40.

iShares Core Total USD Bond Market ETF Dividend Announcement

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

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.