Golden State Wealth Management LLC Reduces Stock Position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Golden State Wealth Management LLC decreased its holdings in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 9.6% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 12,379 shares of the company’s stock after selling 1,320 shares during the period. Golden State Wealth Management LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $570,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in IUSB. NFP Retirement Inc. boosted its position in iShares Core Total USD Bond Market ETF by 2.5% in the 4th quarter. NFP Retirement Inc. now owns 9,400 shares of the company’s stock valued at $425,000 after buying an additional 229 shares during the period. Global Financial Private Client LLC boosted its holdings in shares of iShares Core Total USD Bond Market ETF by 3.1% in the first quarter. Global Financial Private Client LLC now owns 9,505 shares of the company’s stock valued at $438,000 after purchasing an additional 288 shares during the period. TD Private Client Wealth LLC grew its stake in iShares Core Total USD Bond Market ETF by 3.1% in the fourth quarter. TD Private Client Wealth LLC now owns 11,841 shares of the company’s stock worth $535,000 after purchasing an additional 351 shares in the last quarter. 180 Wealth Advisors LLC increased its holdings in iShares Core Total USD Bond Market ETF by 5.2% during the 1st quarter. 180 Wealth Advisors LLC now owns 8,391 shares of the company’s stock worth $386,000 after purchasing an additional 417 shares during the period. Finally, Klaas Financial Asset Advisors LLC raised its position in iShares Core Total USD Bond Market ETF by 1.6% during the 1st quarter. Klaas Financial Asset Advisors LLC now owns 27,123 shares of the company’s stock valued at $1,250,000 after purchasing an additional 437 shares in the last quarter.

iShares Core Total USD Bond Market ETF Trading Down 0.2%

Shares of iShares Core Total USD Bond Market ETF stock opened at $45.90 on Friday. The stock’s fifty day moving average price is $45.65 and its 200-day moving average price is $45.57. The firm has a market cap of $33.03 billion, a P/E ratio of 10.80 and a beta of 0.15. iShares Core Total USD Bond Market ETF has a 12 month low of $44.67 and a 12 month high of $47.44.

iShares Core Total USD Bond Market ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Monday, July 7th. Investors of record on Tuesday, July 1st will be paid a $0.1614 dividend. This represents a $1.94 dividend on an annualized basis and a yield of 4.22%. The ex-dividend date is Tuesday, July 1st.

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.