Verus Capital Partners LLC Trims Stock Position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Verus Capital Partners LLC trimmed its holdings in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 34.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 177,550 shares of the company’s stock after selling 93,327 shares during the quarter. iShares Core Total USD Bond Market ETF accounts for approximately 0.7% of Verus Capital Partners LLC’s investment portfolio, making the stock its 23rd biggest holding. Verus Capital Partners LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $8,025,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. First Command Advisory Services Inc. boosted its stake in shares of iShares Core Total USD Bond Market ETF by 12.8% in the fourth quarter. First Command Advisory Services Inc. now owns 1,562,118 shares of the company’s stock worth $70,608,000 after buying an additional 176,822 shares during the last quarter. Oppenheimer & Co. Inc. acquired a new position in iShares Core Total USD Bond Market ETF in the fourth quarter valued at approximately $208,000. Kovack Advisors Inc. boosted its position in iShares Core Total USD Bond Market ETF by 13.6% in the 4th quarter. Kovack Advisors Inc. now owns 6,310 shares of the company’s stock worth $285,000 after purchasing an additional 753 shares in the last quarter. Magnolia Private Wealth LLC acquired a new stake in shares of iShares Core Total USD Bond Market ETF during the 4th quarter worth approximately $243,000. Finally, Sofi Wealth LLC acquired a new stake in shares of iShares Core Total USD Bond Market ETF during the 4th quarter worth approximately $1,220,000.

iShares Core Total USD Bond Market ETF Trading Down 0.2 %

IUSB opened at $46.04 on Friday. The firm has a fifty day moving average price of $45.32 and a 200 day moving average price of $46.00. iShares Core Total USD Bond Market ETF has a 1 year low of $44.21 and a 1 year high of $47.44.

iShares Core Total USD Bond Market ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were given a $0.1542 dividend. The ex-dividend date of this dividend was Monday, February 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.