Hobart Private Capital LLC Sells 1,671 Shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Hobart Private Capital LLC lessened its holdings in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 18.3% during the 4th quarter, Holdings Channel.com reports. The fund owned 7,476 shares of the company’s stock after selling 1,671 shares during the period. Hobart Private Capital LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $338,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Advisory Resource Group bought a new position in shares of iShares Core Total USD Bond Market ETF in the fourth quarter valued at approximately $5,711,000. Kingsview Wealth Management LLC increased its position in iShares Core Total USD Bond Market ETF by 67.2% during the fourth quarter. Kingsview Wealth Management LLC now owns 24,844 shares of the company’s stock worth $1,123,000 after acquiring an additional 9,986 shares during the period. Apollon Wealth Management LLC increased its position in iShares Core Total USD Bond Market ETF by 9.0% during the fourth quarter. Apollon Wealth Management LLC now owns 185,179 shares of the company’s stock worth $8,370,000 after acquiring an additional 15,308 shares during the period. Landmark Wealth Management Inc. bought a new position in iShares Core Total USD Bond Market ETF during the fourth quarter worth $3,090,000. Finally, Golden State Wealth Management LLC acquired a new stake in iShares Core Total USD Bond Market ETF during the fourth quarter worth $619,000.

iShares Core Total USD Bond Market ETF Trading Down 0.3 %

IUSB opened at $45.45 on Friday. iShares Core Total USD Bond Market ETF has a fifty-two week low of $44.21 and a fifty-two week high of $47.44. The firm’s fifty day moving average price is $45.39 and its two-hundred day moving average price is $46.04.

iShares Core Total USD Bond Market ETF Cuts Dividend

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

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.