GM Advisory Group LLC Decreases Stock Holdings in iShares Core Total USD Bond Market ETF $IUSB

GM Advisory Group LLC lessened its holdings in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 0.5% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 687,180 shares of the company’s stock after selling 3,191 shares during the quarter. iShares Core Total USD Bond Market ETF makes up about 1.6% of GM Advisory Group LLC’s holdings, making the stock its 17th largest position. GM Advisory Group LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $31,768,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Jones Financial Companies Lllp boosted its position in shares of iShares Core Total USD Bond Market ETF by 3.1% during the 1st quarter. Jones Financial Companies Lllp now owns 62,382,141 shares of the company’s stock worth $2,868,351,000 after acquiring an additional 1,856,559 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in iShares Core Total USD Bond Market ETF by 5.2% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 22,986,670 shares of the company’s stock worth $1,059,226,000 after purchasing an additional 1,127,521 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in iShares Core Total USD Bond Market ETF by 3.4% during the second quarter. JPMorgan Chase & Co. now owns 18,782,389 shares of the company’s stock worth $868,310,000 after purchasing an additional 618,328 shares during the last quarter. Ameriprise Financial Inc. boosted its holdings in iShares Core Total USD Bond Market ETF by 4.3% in the first quarter. Ameriprise Financial Inc. now owns 10,859,467 shares of the company’s stock valued at $500,344,000 after purchasing an additional 450,361 shares in the last quarter. Finally, Bank of New York Mellon Corp increased its stake in iShares Core Total USD Bond Market ETF by 0.7% in the second quarter. Bank of New York Mellon Corp now owns 9,064,233 shares of the company’s stock valued at $419,039,000 after purchasing an additional 63,877 shares during the last quarter.

iShares Core Total USD Bond Market ETF Trading Up 0.1%

IUSB stock opened at $47.02 on Thursday. The stock has a market cap of $33.42 billion, a P/E ratio of 10.80 and a beta of 0.26. iShares Core Total USD Bond Market ETF has a twelve month low of $44.67 and a twelve month high of $47.20. The company’s 50 day moving average is $46.79 and its two-hundred day moving average is $46.24.

iShares Core Total USD Bond Market ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, November 6th. Investors of record on Monday, November 3rd were given a $0.1643 dividend. The ex-dividend date of this dividend was Monday, November 3rd. This represents a c) dividend on an annualized basis and a yield of 4.2%.

iShares Core Total USD Bond Market ETF Company 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.