Hutchens & Kramer Investment Management Group LLC Sells 7,449 Shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Hutchens & Kramer Investment Management Group LLC lowered its position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 13.1% during the 4th quarter, HoldingsChannel reports. The firm owned 49,431 shares of the company’s stock after selling 7,449 shares during the period. iShares Core Total USD Bond Market ETF comprises about 1.2% of Hutchens & Kramer Investment Management Group LLC’s investment portfolio, making the stock its 19th biggest position. Hutchens & Kramer Investment Management Group LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $2,234,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Abich Financial Wealth Management LLC bought a new position in iShares Core Total USD Bond Market ETF in the third quarter valued at $25,000. SWAN Capital LLC bought a new position in iShares Core Total USD Bond Market ETF in the third quarter valued at $25,000. Peterson Financial Group Inc. bought a new position in iShares Core Total USD Bond Market ETF in the third quarter valued at $30,000. Evermay Wealth Management LLC bought a new position in iShares Core Total USD Bond Market ETF in the third quarter valued at $31,000. Finally, Darwin Wealth Management LLC bought a new position in iShares Core Total USD Bond Market ETF in the third quarter valued at $32,000.

iShares Core Total USD Bond Market ETF Price Performance

IUSB opened at $45.49 on Tuesday. iShares Core Total USD Bond Market ETF has a 52 week low of $44.21 and a 52 week high of $47.44. The business’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 company also recently announced a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were paid a $0.1605 dividend. This represents a $1.93 dividend on an annualized basis and a yield of 4.23%. The ex-dividend date was Wednesday, December 18th. This is a boost from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16.

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.