Spire Wealth Management Lowers Stock Position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Spire Wealth Management decreased its stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 2.5% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 334,061 shares of the company’s stock after selling 8,730 shares during the quarter. Spire Wealth Management’s holdings in iShares Core Total USD Bond Market ETF were worth $15,213,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. Parkside Financial Bank & Trust purchased a new position in shares of iShares Core Total USD Bond Market ETF during the fourth quarter worth approximately $27,000. Planned Solutions Inc. bought a new stake in iShares Core Total USD Bond Market ETF in the fourth quarter worth $28,000. Simplex Trading LLC purchased a new stake in iShares Core Total USD Bond Market ETF during the fourth quarter valued at about $30,000. Asset Dedication LLC bought a new position in shares of iShares Core Total USD Bond Market ETF during the third quarter valued at about $37,000. Finally, Whittier Trust Co. of Nevada Inc. purchased a new position in shares of iShares Core Total USD Bond Market ETF in the fourth quarter worth about $43,000.

iShares Core Total USD Bond Market ETF Trading Up 0.5 %

Shares of NASDAQ IUSB traded up $0.22 during midday trading on Friday, reaching $44.82. The company had a trading volume of 2,964,442 shares, compared to its average volume of 3,368,115. The firm’s fifty day moving average price is $45.05 and its 200-day moving average price is $44.99. iShares Core Total USD Bond Market ETF has a one year low of $42.56 and a one year high of $46.40.

iShares Core Total USD Bond Market ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, May 7th. Stockholders of record on Thursday, May 2nd will be paid a dividend of $0.1498 per share. This represents a $1.80 dividend on an annualized basis and a dividend yield of 4.01%. The ex-dividend date is Wednesday, May 1st.

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.