iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) Position Reduced by Beacon Capital Management LLC

Beacon Capital Management LLC trimmed its position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 33.6% in the fourth quarter, HoldingsChannel.com reports. The firm owned 2,410 shares of the company’s stock after selling 1,222 shares during the quarter. Beacon Capital Management LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $109,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in IUSB. LPL Financial LLC boosted its stake in iShares Core Total USD Bond Market ETF by 20.3% during the third quarter. LPL Financial LLC now owns 39,330,716 shares of the company’s stock valued at $1,853,263,000 after buying an additional 6,632,679 shares in the last quarter. Life Planning Partners Inc lifted its holdings in iShares Core Total USD Bond Market ETF by 4,352.9% in the 4th quarter. Life Planning Partners Inc now owns 4,380,903 shares of the company’s stock valued at $198,017,000 after acquiring an additional 4,282,520 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in iShares Core Total USD Bond Market ETF by 14.7% in the 3rd 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. Kestra Investment Management LLC boosted its position in shares of iShares Core Total USD Bond Market ETF by 62.3% during the 3rd quarter. Kestra Investment Management LLC now owns 4,620,587 shares of the company’s stock valued at $217,722,000 after purchasing an additional 1,773,270 shares in the last quarter. Finally, MML Investors Services LLC grew its stake in shares of iShares Core Total USD Bond Market ETF by 22.2% in the 3rd quarter. MML Investors Services LLC now owns 8,454,621 shares of the company’s stock worth $398,382,000 after purchasing an additional 1,535,400 shares during the last quarter.

iShares Core Total USD Bond Market ETF Trading Up 0.4 %

NASDAQ IUSB opened at $45.58 on Friday. iShares Core Total USD Bond Market ETF has a 12 month low of $44.21 and a 12 month high of $47.44. The company’s 50 day simple moving average is $45.32 and its 200 day simple moving average is $46.03.

iShares Core Total USD Bond Market ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were issued a $0.1542 dividend. The ex-dividend date was Monday, February 3rd.

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.