Brookstone Capital Management Trims Stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Brookstone Capital Management reduced its stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 21.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 581,972 shares of the company’s stock after selling 156,056 shares during the quarter. Brookstone Capital Management owned about 0.08% of iShares Core Total USD Bond Market ETF worth $26,305,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Abich Financial Wealth Management LLC bought a new stake in shares of iShares Core Total USD Bond Market ETF in the 3rd quarter worth approximately $25,000. SWAN Capital LLC bought a new position in iShares Core Total USD Bond Market ETF in the 3rd quarter valued at approximately $25,000. Peterson Financial Group Inc. bought a new position in iShares Core Total USD Bond Market ETF in the 3rd quarter valued at approximately $30,000. Evermay Wealth Management LLC bought a new position in iShares Core Total USD Bond Market ETF in the 3rd quarter valued at approximately $31,000. Finally, Darwin Wealth Management LLC bought a new position in iShares Core Total USD Bond Market ETF in the 3rd quarter valued at approximately $32,000.

iShares Core Total USD Bond Market ETF Stock Performance

IUSB stock traded down $0.06 during midday trading on Monday, hitting $44.71. The company’s stock had a trading volume of 451,644 shares, compared to its average volume of 2,512,616. iShares Core Total USD Bond Market ETF has a 12 month low of $44.21 and a 12 month high of $47.44. The firm’s 50-day moving average is $45.57 and its 200-day moving average is $46.07.

iShares Core Total USD Bond Market ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were given a $0.1605 dividend. The ex-dividend date of this dividend was Wednesday, December 18th. This is a boost from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16. This represents a $1.93 annualized dividend and a yield of 4.31%.

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.