iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) Position Increased by Savvy Advisors Inc.

Savvy Advisors Inc. raised its position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 97.2% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 471,144 shares of the company’s stock after purchasing an additional 232,271 shares during the quarter. iShares Core Total USD Bond Market ETF accounts for approximately 4.5% of Savvy Advisors Inc.’s portfolio, making the stock its 2nd largest position. Savvy Advisors Inc. owned about 0.07% of iShares Core Total USD Bond Market ETF worth $22,200,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in IUSB. LGT Financial Advisors LLC increased its position in shares of iShares Core Total USD Bond Market ETF by 18.2% during the third quarter. LGT Financial Advisors LLC now owns 1,421 shares of the company’s stock worth $67,000 after acquiring an additional 219 shares during the period. McAdam LLC increased its position in shares of iShares Core Total USD Bond Market ETF by 2.0% during the second quarter. McAdam LLC now owns 11,797 shares of the company’s stock worth $533,000 after acquiring an additional 227 shares during the period. Bush Investment Group LLC increased its holdings in iShares Core Total USD Bond Market ETF by 0.4% in the first quarter. Bush Investment Group LLC now owns 57,356 shares of the company’s stock valued at $2,615,000 after buying an additional 245 shares during the last quarter. Schmidt P J Investment Management Inc. increased its holdings in iShares Core Total USD Bond Market ETF by 1.8% in the second quarter. Schmidt P J Investment Management Inc. now owns 13,834 shares of the company’s stock valued at $626,000 after buying an additional 250 shares during the last quarter. Finally, Ascent Group LLC increased its holdings in iShares Core Total USD Bond Market ETF by 0.7% in the second quarter. Ascent Group LLC now owns 34,660 shares of the company’s stock valued at $1,567,000 after buying an additional 252 shares during the last quarter.

iShares Core Total USD Bond Market ETF Price Performance

NASDAQ:IUSB opened at $45.83 on Tuesday. The business’s fifty day moving average price is $46.56 and its 200 day moving average price is $45.92. iShares Core Total USD Bond Market ETF has a 12 month low of $43.44 and a 12 month 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 Wednesday, November 6th. Investors of record on Friday, November 1st were issued a $0.1577 dividend. This represents a $1.89 annualized dividend and a yield of 4.13%. The ex-dividend date of this dividend was Friday, November 1st. This is a positive change from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16.

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.