Richardson Financial Services Inc. Reduces Stock Position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Richardson Financial Services Inc. lessened its holdings in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 11.1% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 20,513 shares of the company’s stock after selling 2,553 shares during the quarter. Richardson Financial Services Inc.’s holdings in iShares Core Total USD Bond Market ETF were worth $928,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of IUSB. LGT Financial Advisors LLC boosted its holdings in shares of iShares Core Total USD Bond Market ETF by 18.2% in the third quarter. LGT Financial Advisors LLC now owns 1,421 shares of the company’s stock valued at $67,000 after purchasing an additional 219 shares during the period. Kovack Advisors Inc. lifted its holdings in shares of iShares Core Total USD Bond Market ETF by 4.3% in the 3rd quarter. Kovack Advisors Inc. now owns 5,557 shares of the company’s stock worth $262,000 after buying an additional 227 shares during the period. Snider Financial Group grew its position in shares of iShares Core Total USD Bond Market ETF by 3.3% during the 3rd quarter. Snider Financial Group now owns 7,521 shares of the company’s stock worth $354,000 after buying an additional 238 shares in the last quarter. Sugarloaf Wealth Management LLC grew its position in shares of iShares Core Total USD Bond Market ETF by 8.4% during the 3rd quarter. Sugarloaf Wealth Management LLC now owns 3,447 shares of the company’s stock worth $162,000 after buying an additional 266 shares in the last quarter. Finally, Family Asset Management LLC increased its stake in shares of iShares Core Total USD Bond Market ETF by 30.2% during the third quarter. Family Asset Management LLC now owns 1,151 shares of the company’s stock valued at $54,000 after buying an additional 267 shares during the period.

iShares Core Total USD Bond Market ETF Stock Down 0.2 %

NASDAQ:IUSB opened at $45.45 on Friday. iShares Core Total USD Bond Market ETF has a 1-year low of $44.21 and a 1-year high of $47.44. The company has a 50-day moving average of $45.45 and a 200 day moving average of $46.05.

iShares Core Total USD Bond Market ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were given a $0.1605 dividend. This represents a $1.93 annualized dividend and a dividend yield of 4.24%. 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.

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.