TCG Advisory Services LLC Lowers Position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

TCG Advisory Services LLC decreased its stake in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 80.2% in the fourth quarter, Holdings Channel reports. The institutional investor owned 18,788 shares of the company’s stock after selling 75,952 shares during the quarter. TCG Advisory Services LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $866,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Parkside Financial Bank & Trust bought a new position in shares of iShares Core Total USD Bond Market ETF during the 4th quarter valued at about $27,000. Planned Solutions Inc. bought a new position in iShares Core Total USD Bond Market ETF during the fourth quarter valued at $28,000. Simplex Trading LLC bought a new position in shares of iShares Core Total USD Bond Market ETF during the 4th quarter valued at approximately $30,000. Asset Dedication LLC bought a new position in iShares Core Total USD Bond Market ETF during the 3rd quarter valued at about $37,000. Finally, Whittier Trust Co. of Nevada Inc. purchased a new stake in iShares Core Total USD Bond Market ETF in the fourth quarter worth $43,000.

iShares Core Total USD Bond Market ETF Price Performance

iShares Core Total USD Bond Market ETF stock traded up $0.22 during trading hours on Friday, hitting $44.82. The company had a trading volume of 2,964,442 shares, compared to its average volume of 3,368,115. The company has a 50-day moving average price of $45.06 and a two-hundred day moving average price of $44.95. iShares Core Total USD Bond Market ETF has a 1 year low of $42.56 and a 1 year high of $46.40.

iShares Core Total USD Bond Market ETF Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Tuesday, May 7th. Shareholders of record on Thursday, May 2nd will be given a dividend of $0.1498 per share. This represents a $1.80 dividend on an annualized basis and a yield of 4.01%. The ex-dividend date is Wednesday, May 1st.

iShares Core Total USD Bond Market ETF 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.