Braun Bostich & Associates Inc. Sells 29,949 Shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Braun Bostich & Associates Inc. trimmed its holdings in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 47.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 32,743 shares of the company’s stock after selling 29,949 shares during the period. iShares Core Total USD Bond Market ETF comprises about 1.1% of Braun Bostich & Associates Inc.’s investment portfolio, making the stock its 28th biggest position. Braun Bostich & Associates Inc.’s holdings in iShares Core Total USD Bond Market ETF were worth $1,480,000 at the end of the most recent quarter.

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

iShares Core Total USD Bond Market ETF Trading Up 0.3 %

Shares of NASDAQ IUSB opened at $45.35 on Wednesday. The firm’s fifty day moving average is $45.48 and its two-hundred day moving average is $46.06. iShares Core Total USD Bond Market ETF has a 52-week low of $44.21 and a 52-week high of $47.44.

iShares Core Total USD Bond Market ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were issued a dividend of $0.1605 per share. This represents a $1.93 annualized dividend and a yield of 4.25%. 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.

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.