Financial Gravity Asset Management Inc. Trims Position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Financial Gravity Asset Management Inc. reduced its holdings in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 51.8% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 18,102 shares of the company’s stock after selling 19,432 shares during the period. Financial Gravity Asset Management Inc.’s holdings in iShares Core Total USD Bond Market ETF were worth $819,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Savvy Advisors Inc. purchased a new stake in iShares Core Total USD Bond Market ETF in the fourth quarter valued at $2,734,000. TSA Wealth Managment LLC purchased a new stake in shares of iShares Core Total USD Bond Market ETF in the fourth quarter worth about $11,569,000. Diversify Advisory Services LLC acquired a new stake in iShares Core Total USD Bond Market ETF during the first quarter worth about $11,341,000. Stifel Financial Corp raised its position in iShares Core Total USD Bond Market ETF by 5.7% during the fourth quarter. Stifel Financial Corp now owns 1,820,533 shares of the company’s stock valued at $83,872,000 after acquiring an additional 98,341 shares in the last quarter. Finally, Vermillion & White Wealth Management Group LLC acquired a new position in iShares Core Total USD Bond Market ETF in the fourth quarter valued at approximately $424,000.

iShares Core Total USD Bond Market ETF Stock Performance

iShares Core Total USD Bond Market ETF stock opened at $47.03 on Friday. The stock’s 50 day simple moving average is $46.12 and its two-hundred day simple moving average is $45.46. iShares Core Total USD Bond Market ETF has a 12 month low of $42.56 and a 12 month high of $47.21.

iShares Core Total USD Bond Market ETF Announces Dividend

The company also recently declared a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were issued a dividend of $0.1569 per share. The ex-dividend date was Tuesday, September 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.