Howe & Rusling Inc. Sells 3,494 Shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Howe & Rusling Inc. reduced its stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 30.1% during the 4th quarter, HoldingsChannel reports. The fund owned 8,113 shares of the company’s stock after selling 3,494 shares during the quarter. Howe & Rusling Inc.’s holdings in iShares Core Total USD Bond Market ETF were worth $367,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. SWAN Capital LLC acquired a new stake in shares of iShares Core Total USD Bond Market ETF in the 3rd quarter valued at about $25,000. Synergy Investment Management LLC bought a new position in shares of iShares Core Total USD Bond Market ETF during the fourth quarter worth about $29,000. First Financial Corp IN acquired a new stake in iShares Core Total USD Bond Market ETF in the 4th quarter valued at approximately $35,000. New Millennium Group LLC bought a new stake in iShares Core Total USD Bond Market ETF in the 4th quarter valued at approximately $38,000. Finally, Beaird Harris Wealth Management LLC boosted its position in iShares Core Total USD Bond Market ETF by 168.4% during the 3rd quarter. Beaird Harris Wealth Management LLC now owns 942 shares of the company’s stock worth $44,000 after acquiring an additional 591 shares during the last quarter.

iShares Core Total USD Bond Market ETF Stock Down 0.1 %

Shares of IUSB opened at $45.74 on Friday. iShares Core Total USD Bond Market ETF has a twelve month low of $44.21 and a twelve month high of $47.44. The stock has a market capitalization of $32.53 billion, a P/E ratio of 10.90 and a beta of 0.15. The company has a 50 day moving average of $45.66 and a 200-day moving average of $45.89.

iShares Core Total USD Bond Market ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were paid a $0.1553 dividend. This is a positive change from iShares Core Total USD Bond Market ETF’s previous dividend of $0.15. The ex-dividend date was Monday, March 3rd.

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.