iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) Holdings Decreased by Focus Financial Network Inc.

Focus Financial Network Inc. trimmed its stake in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 19.4% during the fourth quarter, Holdings Channel reports. The institutional investor owned 187,476 shares of the company’s stock after selling 45,138 shares during the period. Focus Financial Network Inc.’s holdings in iShares Core Total USD Bond Market ETF were worth $8,474,000 at the end of the most recent reporting period.

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

iShares Core Total USD Bond Market ETF Price Performance

Shares of IUSB opened at $45.46 on Tuesday. The business’s 50-day moving average price is $45.39 and its 200 day moving average price is $46.04. iShares Core Total USD Bond Market ETF has a 1-year low of $44.21 and a 1-year high of $47.44.

iShares Core Total USD Bond Market ETF Cuts Dividend

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