W.H. Cornerstone Investments Inc. Cuts Stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

W.H. Cornerstone Investments Inc. cut its holdings in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 42.8% during the 4th quarter, HoldingsChannel reports. The fund owned 22,613 shares of the company’s stock after selling 16,905 shares during the quarter. W.H. Cornerstone Investments Inc.’s holdings in iShares Core Total USD Bond Market ETF were worth $1,042,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the business. Envestnet Portfolio Solutions Inc. purchased a new stake in iShares Core Total USD Bond Market ETF during the 3rd quarter valued at about $640,407,000. JPMorgan Chase & Co. increased its stake in shares of iShares Core Total USD Bond Market ETF by 20,036.6% in the third quarter. JPMorgan Chase & Co. now owns 12,643,991 shares of the company’s stock worth $552,746,000 after buying an additional 12,581,200 shares during the period. Financial Gravity Asset Management Inc. increased its stake in shares of iShares Core Total USD Bond Market ETF by 989.9% in the third quarter. Financial Gravity Asset Management Inc. now owns 2,096,776 shares of the company’s stock worth $91,671,000 after buying an additional 1,904,397 shares during the period. Natixis Advisors L.P. raised its holdings in iShares Core Total USD Bond Market ETF by 4,109.8% during the 4th quarter. Natixis Advisors L.P. now owns 1,624,298 shares of the company’s stock valued at $74,831,000 after buying an additional 1,585,714 shares during the last quarter. Finally, Signature Estate & Investment Advisors LLC bought a new stake in iShares Core Total USD Bond Market ETF during the 4th quarter valued at $67,629,000.

iShares Core Total USD Bond Market ETF Price Performance

iShares Core Total USD Bond Market ETF stock traded up $0.22 during trading hours on Friday, reaching $44.82. The stock had a trading volume of 2,964,442 shares, compared to its average volume of 3,368,115. The company has a fifty day simple moving average of $45.05 and a 200-day simple moving average of $44.99. iShares Core Total USD Bond Market ETF has a 52 week low of $42.56 and a 52 week high of $46.40.

iShares Core Total USD Bond Market ETF Announces Dividend

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

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.