Concourse Financial Group Securities Inc. Has $28.80 Million Stock Holdings in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Concourse Financial Group Securities Inc. decreased its holdings in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 8.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 636,275 shares of the company’s stock after selling 55,347 shares during the quarter. iShares Core Total USD Bond Market ETF makes up 1.6% of Concourse Financial Group Securities Inc.’s investment portfolio, making the stock its 8th biggest holding. Concourse Financial Group Securities Inc.’s holdings in iShares Core Total USD Bond Market ETF were worth $28,804,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of IUSB. Charles Schwab Investment Management Inc. raised its holdings in iShares Core Total USD Bond Market ETF by 39.1% during the 3rd 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 last quarter. Invst LLC raised its stake in iShares Core Total USD Bond Market ETF by 1.3% during the third quarter. Invst LLC now owns 988,793 shares of the company’s stock worth $46,592,000 after buying an additional 12,714 shares during the last quarter. Fulcrum Equity Management raised its stake in iShares Core Total USD Bond Market ETF by 14.9% during the third quarter. Fulcrum Equity Management now owns 28,115 shares of the company’s stock worth $1,325,000 after buying an additional 3,653 shares during the last quarter. World Investment Advisors LLC lifted its holdings in iShares Core Total USD Bond Market ETF by 138.7% in the third quarter. World Investment Advisors LLC now owns 263,508 shares of the company’s stock valued at $12,416,000 after buying an additional 153,116 shares during the period. Finally, Sfmg LLC boosted its position in iShares Core Total USD Bond Market ETF by 17.3% during the third quarter. Sfmg LLC now owns 7,087 shares of the company’s stock valued at $334,000 after acquiring an additional 1,044 shares during the last quarter.

iShares Core Total USD Bond Market ETF Trading Down 0.2 %

IUSB stock opened at $45.54 on Friday. The firm has a market cap of $32.76 billion, a PE ratio of 10.97 and a beta of 0.15. The stock has a 50-day moving average price of $45.76 and a 200-day moving average price of $45.71. iShares Core Total USD Bond Market ETF has a 1-year low of $44.21 and a 1-year high of $47.44.

iShares Core Total USD Bond Market ETF Increases Dividend

The firm 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 an increase from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16. This represents a $1.94 dividend on an annualized basis and a yield of 4.27%. The ex-dividend date of this dividend 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.