Joseph Group Capital Management Decreases Stock Holdings in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Joseph Group Capital Management cut its stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 35.8% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 1,170 shares of the company’s stock after selling 653 shares during the quarter. Joseph Group Capital Management’s holdings in iShares Core Total USD Bond Market ETF were worth $53,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. SWAN Capital LLC purchased a new position in iShares Core Total USD Bond Market ETF in the 3rd quarter valued at approximately $25,000. Synergy Investment Management LLC acquired a new stake in iShares Core Total USD Bond Market ETF in the fourth quarter valued at $29,000. First Financial Corp IN acquired a new stake in iShares Core Total USD Bond Market ETF in the fourth quarter valued at $35,000. New Millennium Group LLC acquired a new position in shares of iShares Core Total USD Bond Market ETF during the 4th quarter worth $38,000. Finally, Beaird Harris Wealth Management LLC raised its stake in shares of iShares Core Total USD Bond Market ETF by 168.4% during the 3rd quarter. Beaird Harris Wealth Management LLC now owns 942 shares of the company’s stock worth $44,000 after buying an additional 591 shares during the last quarter.

iShares Core Total USD Bond Market ETF Stock Up 0.5 %

iShares Core Total USD Bond Market ETF stock opened at $45.98 on Friday. The firm has a market capitalization of $32.71 billion, a PE ratio of 10.90 and a beta of 0.15. The firm’s 50-day simple moving average is $45.68 and its 200 day simple moving average is $45.87. iShares Core Total USD Bond Market ETF has a 52 week low of $44.21 and a 52 week high of $47.44.

iShares Core Total USD Bond Market ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were given a $0.1553 dividend. The ex-dividend date of this dividend was Monday, March 3rd. This is a positive change from iShares Core Total USD Bond Market ETF’s previous dividend of $0.15.

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.