First Horizon Advisors Inc. Cuts Stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

First Horizon Advisors Inc. lessened its position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 24.2% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 243,395 shares of the company’s stock after selling 77,744 shares during the period. First Horizon Advisors Inc.’s holdings in iShares Core Total USD Bond Market ETF were worth $11,002,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in IUSB. Abich Financial Wealth Management LLC purchased a new position in iShares Core Total USD Bond Market ETF in the third quarter worth $25,000. SWAN Capital LLC acquired a new position in shares of iShares Core Total USD Bond Market ETF during the 3rd quarter worth $25,000. Peterson Financial Group Inc. acquired a new position in shares of iShares Core Total USD Bond Market ETF during the 3rd quarter worth $30,000. Evermay Wealth Management LLC purchased a new position in shares of iShares Core Total USD Bond Market ETF in the 3rd quarter valued at about $31,000. Finally, Darwin Wealth Management LLC acquired a new stake in shares of iShares Core Total USD Bond Market ETF in the third quarter valued at about $32,000.

iShares Core Total USD Bond Market ETF Price Performance

Shares of NASDAQ:IUSB opened at $45.71 on Friday. The business’s 50 day simple moving average is $45.28 and its 200-day simple moving average is $46.00. iShares Core Total USD Bond Market ETF has a 12 month low of $44.21 and a 12 month high of $47.44.

iShares Core Total USD Bond Market ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were paid a dividend of $0.1542 per share. The ex-dividend date was Monday, February 3rd.

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.