Pallas Capital Advisors LLC Sells 2,927 Shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Pallas Capital Advisors LLC cut its stake in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 24.8% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 8,862 shares of the company’s stock after selling 2,927 shares during the period. Pallas Capital Advisors LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $405,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. NBC Securities Inc. raised its stake in iShares Core Total USD Bond Market ETF by 7.5% in the fourth quarter. NBC Securities Inc. now owns 3,352 shares of the company’s stock valued at $154,000 after purchasing an additional 234 shares in the last quarter. Benjamin F. Edwards & Company Inc. lifted its holdings in shares of iShares Core Total USD Bond Market ETF by 3.5% during the 4th quarter. Benjamin F. Edwards & Company Inc. now owns 7,093 shares of the company’s stock worth $327,000 after acquiring an additional 237 shares during the last quarter. Harbor Investment Advisory LLC grew its position in iShares Core Total USD Bond Market ETF by 16.5% in the first quarter. Harbor Investment Advisory LLC now owns 1,681 shares of the company’s stock worth $77,000 after acquiring an additional 238 shares in the last quarter. Bush Investment Group LLC increased its stake in iShares Core Total USD Bond Market ETF by 0.4% in the first quarter. Bush Investment Group LLC now owns 57,356 shares of the company’s stock valued at $2,615,000 after acquiring an additional 245 shares during the last quarter. Finally, Independent Wealth Network Inc. raised its position in iShares Core Total USD Bond Market ETF by 3.9% during the first quarter. Independent Wealth Network Inc. now owns 7,284 shares of the company’s stock valued at $332,000 after purchasing an additional 276 shares in the last quarter.

iShares Core Total USD Bond Market ETF Price Performance

Shares of IUSB traded up $0.06 during midday trading on Wednesday, reaching $46.78. The stock had a trading volume of 498,814 shares, compared to its average volume of 2,703,638. The company’s 50-day moving average is $45.78 and its 200 day moving average is $45.33. iShares Core Total USD Bond Market ETF has a 12-month low of $42.56 and a 12-month high of $46.89.

iShares Core Total USD Bond Market ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, August 6th. Investors of record on Thursday, August 1st were issued a dividend of $0.1568 per share. The ex-dividend date was Thursday, August 1st. This represents a $1.88 annualized dividend and a dividend yield of 4.02%. This is a positive change from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.15.

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.