iShares Core Total USD Bond Market ETF $IUSB Position Reduced by Financial Advocates Investment Management

Financial Advocates Investment Management trimmed its holdings in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 20.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 101,424 shares of the company’s stock after selling 26,392 shares during the period. iShares Core Total USD Bond Market ETF comprises approximately 2.7% of Financial Advocates Investment Management’s portfolio, making the stock its 6th largest position. Financial Advocates Investment Management’s holdings in iShares Core Total USD Bond Market ETF were worth $4,738,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Team Financial Group LLC lifted its stake in shares of iShares Core Total USD Bond Market ETF by 54.4% in the 3rd quarter. Team Financial Group LLC now owns 619 shares of the company’s stock valued at $29,000 after acquiring an additional 218 shares during the last quarter. Leavell Investment Management Inc. lifted its position in iShares Core Total USD Bond Market ETF by 0.6% in the third quarter. Leavell Investment Management Inc. now owns 40,535 shares of the company’s stock valued at $1,893,000 after purchasing an additional 240 shares during the last quarter. Linscomb Wealth Inc. boosted its stake in shares of iShares Core Total USD Bond Market ETF by 0.8% during the third quarter. Linscomb Wealth Inc. now owns 31,738 shares of the company’s stock valued at $1,482,000 after purchasing an additional 264 shares during the period. Key Financial Inc grew its holdings in shares of iShares Core Total USD Bond Market ETF by 30.2% in the second quarter. Key Financial Inc now owns 1,185 shares of the company’s stock worth $55,000 after purchasing an additional 275 shares during the last quarter. Finally, Meridian Wealth Management LLC grew its holdings in shares of iShares Core Total USD Bond Market ETF by 3.3% in the third quarter. Meridian Wealth Management LLC now owns 8,582 shares of the company’s stock worth $401,000 after purchasing an additional 276 shares during the last quarter.

iShares Core Total USD Bond Market ETF Stock Up 0.4%

NASDAQ:IUSB opened at $46.89 on Friday. The firm has a market capitalization of $35.26 billion, a P/E ratio of 10.80 and a beta of 0.26. The company has a fifty day moving average of $46.62 and a 200 day moving average of $46.61. iShares Core Total USD Bond Market ETF has a 52 week low of $44.74 and a 52 week high of $47.20.

iShares Core Total USD Bond Market ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were issued a dividend of $0.165 per share. This is an increase from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date was Monday, February 2nd.

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.