iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) Shares Sold by Foundations Investment Advisors LLC

Foundations Investment Advisors LLC cut its holdings in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 7.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,841,707 shares of the company’s stock after selling 232,887 shares during the quarter. iShares Core Total USD Bond Market ETF comprises approximately 2.5% of Foundations Investment Advisors LLC’s holdings, making the stock its 3rd largest position. Foundations Investment Advisors LLC owned about 0.40% of iShares Core Total USD Bond Market ETF worth $128,445,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. LGT Financial Advisors LLC increased its position in iShares Core Total USD Bond Market ETF by 18.2% during the third quarter. LGT Financial Advisors LLC now owns 1,421 shares of the company’s stock worth $67,000 after acquiring an additional 219 shares during the period. Kovack Advisors Inc. increased its position in iShares Core Total USD Bond Market ETF by 4.3% during the third quarter. Kovack Advisors Inc. now owns 5,557 shares of the company’s stock worth $262,000 after acquiring an additional 227 shares during the period. Snider Financial Group increased its position in iShares Core Total USD Bond Market ETF by 3.3% during the third quarter. Snider Financial Group now owns 7,521 shares of the company’s stock worth $354,000 after acquiring an additional 238 shares during the period. Ascent Group LLC increased its position in iShares Core Total USD Bond Market ETF by 0.7% during the second quarter. Ascent Group LLC now owns 34,660 shares of the company’s stock worth $1,567,000 after acquiring an additional 252 shares during the period. Finally, Sugarloaf Wealth Management LLC increased its position in iShares Core Total USD Bond Market ETF by 8.4% during the third quarter. Sugarloaf Wealth Management LLC now owns 3,447 shares of the company’s stock worth $162,000 after acquiring an additional 266 shares during the period.

iShares Core Total USD Bond Market ETF Stock Up 0.4 %

Shares of IUSB stock opened at $45.46 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’s fifty day simple moving average is $45.46 and its 200 day simple moving average is $46.06.

iShares Core Total USD Bond Market ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were paid a dividend of $0.1605 per share. The ex-dividend date was Wednesday, December 18th. This represents a $1.93 dividend on an annualized basis and a yield of 4.24%. This is an increase from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16.

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.