Concourse Financial Group Securities Inc. Sells 55,347 Shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Concourse Financial Group Securities Inc. reduced its position in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 8.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 636,275 shares of the company’s stock after selling 55,347 shares during the period. iShares Core Total USD Bond Market ETF makes up about 1.6% of Concourse Financial Group Securities Inc.’s portfolio, making the stock its 8th biggest holding. Concourse Financial Group Securities Inc. owned approximately 0.09% of iShares Core Total USD Bond Market ETF worth $28,804,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in IUSB. Charles Schwab Investment Management Inc. increased its holdings in shares of iShares Core Total USD Bond Market ETF by 39.1% during the third quarter. Charles Schwab Investment Management Inc. now owns 9,548 shares of the company’s stock worth $450,000 after purchasing an additional 2,682 shares during the period. Keystone Financial Group Inc. acquired a new stake in iShares Core Total USD Bond Market ETF during the fourth quarter worth approximately $66,000. World Equity Group Inc. increased its stake in iShares Core Total USD Bond Market ETF by 20.2% during the 4th quarter. World Equity Group Inc. now owns 35,464 shares of the company’s stock worth $1,603,000 after acquiring an additional 5,968 shares during the period. Howard Capital Management Inc. raised its holdings in iShares Core Total USD Bond Market ETF by 21.4% in the 4th quarter. Howard Capital Management Inc. now owns 59,372 shares of the company’s stock valued at $2,684,000 after acquiring an additional 10,448 shares in the last quarter. Finally, Beaird Harris Wealth Management LLC lifted its position in shares of iShares Core Total USD Bond Market ETF by 168.4% during the 3rd quarter. Beaird Harris Wealth Management LLC now owns 942 shares of the company’s stock valued at $44,000 after acquiring an additional 591 shares during the period.

iShares Core Total USD Bond Market ETF Stock Performance

Shares of NASDAQ IUSB opened at $45.54 on Friday. The stock has a market capitalization of $32.76 billion, a P/E ratio of 10.97 and a beta of 0.15. The stock’s fifty day moving average is $45.76 and its 200 day moving average is $45.71. iShares Core Total USD Bond Market ETF has a 52 week low of $44.21 and a 52 week high of $47.44.

iShares Core Total USD Bond Market ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, April 4th. Shareholders of record on Tuesday, April 1st were issued a $0.162 dividend. This is a positive change from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16. This represents a $1.94 annualized dividend and a yield of 4.27%. The ex-dividend date was Tuesday, April 1st.

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.