iShares Core Total USD Bond Market ETF $IUSB Position Boosted by Savvy Advisors Inc.

Savvy Advisors Inc. increased its position in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 60.0% during the fourth quarter, Holdings Channel reports. The fund owned 2,839,695 shares of the company’s stock after acquiring an additional 1,065,133 shares during the quarter. iShares Core Total USD Bond Market ETF makes up approximately 4.3% of Savvy Advisors Inc.’s investment portfolio, making the stock its 2nd biggest position. Savvy Advisors Inc.’s holdings in iShares Core Total USD Bond Market ETF were worth $132,159,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of IUSB. CIBC Private Wealth Group LLC acquired a new position in iShares Core Total USD Bond Market ETF in the 3rd quarter valued at $27,000. Team Financial Group LLC boosted its holdings in shares of iShares Core Total USD Bond Market ETF by 54.4% during the third quarter. Team Financial Group LLC now owns 619 shares of the company’s stock worth $29,000 after purchasing an additional 218 shares during the last quarter. Chapman Financial Group LLC acquired a new stake in shares of iShares Core Total USD Bond Market ETF during the third quarter worth $31,000. Collier Financial purchased a new stake in shares of iShares Core Total USD Bond Market ETF in the third quarter valued at $32,000. Finally, Richardson Capital Management LLC acquired a new position in iShares Core Total USD Bond Market ETF in the third quarter valued at $43,000.

iShares Core Total USD Bond Market ETF Stock Performance

iShares Core Total USD Bond Market ETF stock opened at $46.18 on Friday. The stock has a fifty day moving average price of $46.57 and a 200 day moving average price of $46.67. iShares Core Total USD Bond Market ETF has a 52 week low of $44.74 and a 52 week high of $47.23. The firm has a market capitalization of $36.13 billion, a P/E ratio of 10.80 and a beta of 0.26.

iShares Core Total USD Bond Market ETF Increases Dividend

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, April 7th. Stockholders of record on Wednesday, April 1st will be paid a dividend of $0.1645 per share. The ex-dividend date of this dividend is Wednesday, April 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%. This is an increase from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16.

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.