Verity Asset Management Inc. Sells 853 Shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Verity Asset Management Inc. lowered its stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 7.5% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 10,468 shares of the company’s stock after selling 853 shares during the quarter. Verity Asset Management Inc.’s holdings in iShares Core Total USD Bond Market ETF were worth $493,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of IUSB. Abich Financial Wealth Management LLC acquired a new position in shares of iShares Core Total USD Bond Market ETF during the third quarter valued at about $25,000. Evermay Wealth Management LLC bought a new position in iShares Core Total USD Bond Market ETF in the third quarter worth approximately $31,000. Scarborough Advisors LLC grew its stake in iShares Core Total USD Bond Market ETF by 120.7% in the second quarter. Scarborough Advisors LLC now owns 865 shares of the company’s stock valued at $39,000 after acquiring an additional 473 shares during the period. National Bank of Canada FI bought a new stake in shares of iShares Core Total USD Bond Market ETF during the second quarter valued at approximately $43,000. Finally, Cultivar Capital Inc. acquired a new position in shares of iShares Core Total USD Bond Market ETF during the second quarter worth approximately $45,000.

iShares Core Total USD Bond Market ETF Price Performance

NASDAQ IUSB opened at $45.84 on Friday. The company has a fifty day simple moving average of $46.61 and a 200 day simple moving average of $45.88. iShares Core Total USD Bond Market ETF has a 12-month low of $43.44 and a 12-month high of $47.44.

iShares Core Total USD Bond Market ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were given a dividend of $0.1577 per share. The ex-dividend date of this dividend was Friday, November 1st. This is an increase from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16. This represents a $1.89 annualized dividend and a dividend yield of 4.13%.

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.