Raleigh Capital Management Inc. Reduces Holdings in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Raleigh Capital Management Inc. lessened its holdings in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 7.6% during the 4th quarter, HoldingsChannel reports. The fund owned 19,383 shares of the company’s stock after selling 1,585 shares during the quarter. Raleigh Capital Management Inc.’s holdings in iShares Core Total USD Bond Market ETF were worth $876,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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

iShares Core Total USD Bond Market ETF Trading Down 0.2 %

NASDAQ:IUSB opened at $45.27 on Thursday. The stock has a 50-day moving average price of $45.47 and a 200 day moving average price of $46.06. iShares Core Total USD Bond Market ETF has a 12-month low of $44.21 and a 12-month high of $47.44.

iShares Core Total USD Bond Market ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were given a dividend of $0.1605 per share. The ex-dividend date was Wednesday, December 18th. This represents a $1.93 annualized dividend and a dividend yield of 4.25%. 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.