GM Advisory Group LLC Sells 29,743 Shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

GM Advisory Group LLC decreased its position in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 4.0% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 721,384 shares of the company’s stock after selling 29,743 shares during the quarter. iShares Core Total USD Bond Market ETF makes up 2.0% of GM Advisory Group LLC’s investment portfolio, making the stock its 13th largest position. GM Advisory Group LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $33,992,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the company. Axxcess Wealth Management LLC grew its stake in iShares Core Total USD Bond Market ETF by 119.9% in the 1st quarter. Axxcess Wealth Management LLC now owns 10,384 shares of the company’s stock valued at $473,000 after buying an additional 5,661 shares in the last quarter. Kestra Advisory Services LLC grew its position in shares of iShares Core Total USD Bond Market ETF by 64.4% in the first quarter. Kestra Advisory Services LLC now owns 732,973 shares of the company’s stock valued at $33,416,000 after purchasing an additional 287,257 shares in the last quarter. Mount Yale Investment Advisors LLC grew its position in shares of iShares Core Total USD Bond Market ETF by 17.8% in the first quarter. Mount Yale Investment Advisors LLC now owns 137,569 shares of the company’s stock valued at $6,272,000 after purchasing an additional 20,820 shares in the last quarter. Kraft Davis & Associates LLC raised its stake in shares of iShares Core Total USD Bond Market ETF by 48.5% during the 1st quarter. Kraft Davis & Associates LLC now owns 83,375 shares of the company’s stock valued at $3,750,000 after purchasing an additional 27,217 shares during the period. Finally, Icon Wealth Advisors LLC lifted its holdings in iShares Core Total USD Bond Market ETF by 43.5% during the 1st quarter. Icon Wealth Advisors LLC now owns 1,076,972 shares of the company’s stock worth $49,099,000 after purchasing an additional 326,675 shares in the last quarter.

iShares Core Total USD Bond Market ETF Stock Performance

Shares of NASDAQ IUSB opened at $45.59 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 business has a 50-day simple moving average of $46.33 and a two-hundred day simple moving average of $45.96.

iShares Core Total USD Bond Market ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were given a $0.1577 dividend. This is a positive change from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16. This represents a $1.89 dividend on an annualized basis and a dividend yield of 4.15%. The ex-dividend date of this dividend was Friday, November 1st.

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.