Western Financial Corp CA Sells 6,459 Shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Western Financial Corp CA cut its holdings in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 24.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 19,747 shares of the company’s stock after selling 6,459 shares during the period. Western Financial Corp CA’s holdings in iShares Core Total USD Bond Market ETF were worth $893,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the business. New Millennium Group LLC bought a new stake in iShares Core Total USD Bond Market ETF during the fourth quarter worth approximately $38,000. Clear Creek Financial Management LLC boosted its holdings in shares of iShares Core Total USD Bond Market ETF by 17.8% in the 4th quarter. Clear Creek Financial Management LLC now owns 77,478 shares of the company’s stock worth $3,502,000 after purchasing an additional 11,725 shares during the period. Swmg LLC increased its position in shares of iShares Core Total USD Bond Market ETF by 0.8% during the 4th quarter. Swmg LLC now owns 125,463 shares of the company’s stock valued at $5,680,000 after purchasing an additional 1,056 shares during the last quarter. Keudell Morrison Wealth Management purchased a new stake in iShares Core Total USD Bond Market ETF during the 4th quarter valued at $207,000. Finally, Capital Investment Advisory Services LLC lifted its position in iShares Core Total USD Bond Market ETF by 235.0% in the fourth quarter. Capital Investment Advisory Services LLC now owns 8,496 shares of the company’s stock worth $384,000 after buying an additional 5,960 shares during the last quarter.

iShares Core Total USD Bond Market ETF Stock Down 0.2 %

NASDAQ IUSB opened at $45.45 on Friday. iShares Core Total USD Bond Market ETF has a 52 week low of $44.21 and a 52 week high of $47.44. The company has a fifty day moving average of $45.45 and a two-hundred day moving average of $46.05.

iShares Core Total USD Bond Market ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were paid a dividend of $0.1605 per share. The ex-dividend date of this dividend was Wednesday, December 18th. This is a boost from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16. This represents a $1.93 dividend on an annualized basis and a dividend yield of 4.24%.

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.