NewEdge Wealth LLC Cuts Stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

NewEdge Wealth LLC lessened its stake in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 68.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 4,968 shares of the company’s stock after selling 10,999 shares during the quarter. NewEdge Wealth LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $229,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in IUSB. Planned Solutions Inc. purchased a new stake in shares of iShares Core Total USD Bond Market ETF during the fourth quarter valued at approximately $28,000. Coppell Advisory Solutions LLC purchased a new stake in shares of iShares Core Total USD Bond Market ETF during the second quarter valued at approximately $31,000. Asset Dedication LLC purchased a new stake in shares of iShares Core Total USD Bond Market ETF during the third quarter valued at approximately $37,000. Whittier Trust Co. of Nevada Inc. purchased a new stake in shares of iShares Core Total USD Bond Market ETF during the fourth quarter valued at approximately $43,000. Finally, Fortitude Family Office LLC purchased a new stake in shares of iShares Core Total USD Bond Market ETF during the fourth quarter valued at approximately $47,000.

iShares Core Total USD Bond Market ETF Price Performance

NASDAQ:IUSB opened at $44.40 on Friday. 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 business has a 50 day moving average price of $45.21 and a 200-day moving average price of $44.87.

iShares Core Total USD Bond Market ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, April 5th. Investors of record on Tuesday, April 2nd were issued a dividend of $0.1503 per share. 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%.

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.