Patriot Investment Management Group Inc. Sells 2,215 Shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Patriot Investment Management Group Inc. trimmed its position in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 4.8% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 44,307 shares of the company’s stock after selling 2,215 shares during the period. Patriot Investment Management Group Inc.’s holdings in iShares Core Total USD Bond Market ETF were worth $2,004,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of IUSB. Parkside Financial Bank & Trust purchased a new position in shares of iShares Core Total USD Bond Market ETF during the fourth quarter valued at approximately $27,000. Pineridge Advisors LLC purchased a new position in shares of iShares Core Total USD Bond Market ETF during the fourth quarter valued at approximately $28,000. Simplex Trading LLC purchased a new position in shares of iShares Core Total USD Bond Market ETF during the fourth quarter valued at approximately $30,000. Capital Investment Advisory Services LLC lifted its holdings in shares of iShares Core Total USD Bond Market ETF by 23,333.3% during the first quarter. Capital Investment Advisory Services LLC now owns 703 shares of the company’s stock valued at $32,000 after purchasing an additional 700 shares during the last quarter. Finally, Farmers & Merchants Investments Inc. lifted its holdings in shares of iShares Core Total USD Bond Market ETF by 59.1% during the first quarter. Farmers & Merchants Investments Inc. now owns 754 shares of the company’s stock valued at $34,000 after purchasing an additional 280 shares during the last quarter.

iShares Core Total USD Bond Market ETF Price Performance

Shares of IUSB stock traded up $0.08 during trading hours on Monday, hitting $46.35. 1,580,632 shares of the company’s stock traded hands, compared to its average volume of 2,749,998. The stock’s fifty day simple moving average is $45.58 and its two-hundred day simple moving average is $45.29. iShares Core Total USD Bond Market ETF has a 12-month low of $42.56 and a 12-month high of $46.89.

iShares Core Total USD Bond Market ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, August 6th. Investors of record on Thursday, August 1st were issued a $0.1568 dividend. This is a positive change from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.15. This represents a $1.88 dividend on an annualized basis and a yield of 4.06%. The ex-dividend date of this dividend was Thursday, August 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.