RCS Financial Planning LLC Cuts Position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

RCS Financial Planning LLC lowered its position in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 22.6% in the fourth quarter, HoldingsChannel reports. The fund owned 154,415 shares of the company’s stock after selling 45,193 shares during the period. iShares Core Total USD Bond Market ETF makes up 3.7% of RCS Financial Planning LLC’s portfolio, making the stock its 9th largest position. RCS Financial Planning LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $6,980,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in IUSB. LPL Financial LLC raised its stake 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 in the last quarter. CWM LLC raised 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 worth $1,004,854,000 after acquiring an additional 3,483,112 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in 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 valued at $976,181,000 after acquiring an additional 2,651,218 shares during the last quarter. Park Avenue Securities LLC grew its position in shares of iShares Core Total USD Bond Market ETF by 17.8% in the 3rd quarter. Park Avenue Securities LLC now owns 12,498,157 shares of the company’s stock valued at $588,913,000 after acquiring an additional 1,890,434 shares during the period. Finally, Janney Montgomery Scott LLC increased its stake in shares of 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 last quarter.

iShares Core Total USD Bond Market ETF Trading Down 0.0 %

Shares of NASDAQ:IUSB opened at $45.48 on Wednesday. iShares Core Total USD Bond Market ETF has a 52-week low of $44.21 and a 52-week high of $47.44. The company has a 50-day simple moving average of $45.46 and a 200 day simple moving average of $46.06.

iShares Core Total USD Bond Market ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were given a $0.1605 dividend. This represents a $1.93 dividend on an annualized basis and a dividend yield of 4.23%. This is a boost from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16. The ex-dividend date of this dividend was Wednesday, December 18th.

iShares Core Total USD Bond Market ETF 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.