GM Advisory Group LLC Sells 14,050 Shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

GM Advisory Group LLC trimmed its holdings in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 1.9% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 707,334 shares of the company’s stock after selling 14,050 shares during the quarter. iShares Core Total USD Bond Market ETF comprises 1.8% of GM Advisory Group LLC’s portfolio, making the stock its 15th biggest holding. GM Advisory Group LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $31,971,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the business. Thompson Investment Management Inc. raised its holdings in shares of iShares Core Total USD Bond Market ETF by 11.4% in the fourth quarter. Thompson Investment Management Inc. now owns 2,200 shares of the company’s stock valued at $99,000 after buying an additional 225 shares during the last quarter. McAdam LLC increased its position in iShares Core Total USD Bond Market ETF by 2.3% in the fourth quarter. McAdam LLC now owns 10,354 shares of the company’s stock worth $468,000 after purchasing an additional 230 shares during the period. GPS Wealth Strategies Group LLC increased its position in iShares Core Total USD Bond Market ETF by 14.1% in the fourth quarter. GPS Wealth Strategies Group LLC now owns 2,179 shares of the company’s stock worth $99,000 after purchasing an additional 270 shares during the period. Tempus Wealth Planning LLC increased its position in iShares Core Total USD Bond Market ETF by 0.5% in the fourth quarter. Tempus Wealth Planning LLC now owns 54,830 shares of the company’s stock worth $2,478,000 after purchasing an additional 277 shares during the period. Finally, Cadence Bank increased its position in iShares Core Total USD Bond Market ETF by 5.5% in the third quarter. Cadence Bank now owns 5,332 shares of the company’s stock worth $251,000 after purchasing an additional 280 shares during the period.

iShares Core Total USD Bond Market ETF Stock Up 0.1 %

Shares of IUSB stock opened at $45.88 on Wednesday. The stock has a 50-day moving average price of $45.53 and a 200 day moving average price of $45.92. The firm has a market cap of $32.63 billion, a price-to-earnings ratio of 10.90 and a beta of 0.15. iShares Core Total USD Bond Market ETF has a 12 month low of $44.21 and a 12 month high of $47.44.

iShares Core Total USD Bond Market ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were given a $0.1553 dividend. This is a positive change from iShares Core Total USD Bond Market ETF’s previous dividend of $0.15. The ex-dividend date of this dividend was Monday, March 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.