Magnus Financial Group LLC Cuts Stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Magnus Financial Group LLC lessened its holdings in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 11.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 6,557 shares of the company’s stock after selling 830 shares during the period. Magnus Financial Group LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $296,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in IUSB. Daymark Wealth Partners LLC raised its stake in iShares Core Total USD Bond Market ETF by 112.2% in the fourth quarter. Daymark Wealth Partners LLC now owns 36,051 shares of the company’s stock valued at $1,629,000 after buying an additional 19,059 shares during the last quarter. Investment Advisory Group LLC increased its holdings in shares of iShares Core Total USD Bond Market ETF by 0.7% during the fourth quarter. Investment Advisory Group LLC now owns 54,346 shares of the company’s stock valued at $2,456,000 after acquiring an additional 400 shares in the last quarter. Finley Financial LLC acquired a new position in shares of iShares Core Total USD Bond Market ETF during the fourth quarter valued at about $122,000. Atomi Financial Group Inc. raised its position in shares of iShares Core Total USD Bond Market ETF by 52.8% in the 4th quarter. Atomi Financial Group Inc. now owns 433,764 shares of the company’s stock valued at $19,606,000 after purchasing an additional 149,832 shares during the last quarter. Finally, Tarbox Family Office Inc. boosted its stake in iShares Core Total USD Bond Market ETF by 13.2% in the 4th quarter. Tarbox Family Office Inc. now owns 34,351 shares of the company’s stock worth $1,553,000 after purchasing an additional 4,017 shares in the last quarter.

iShares Core Total USD Bond Market ETF Price Performance

NASDAQ:IUSB opened at $45.27 on Thursday. iShares Core Total USD Bond Market ETF has a twelve month low of $44.21 and a twelve month high of $47.44. The company’s 50 day moving average is $45.48 and its two-hundred day moving average is $46.06.

iShares Core Total USD Bond Market ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were issued a dividend of $0.1605 per share. The ex-dividend date was Wednesday, December 18th. This is a positive change from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16. This represents a $1.93 dividend on an annualized basis and a dividend yield of 4.25%.

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.