Farther Finance Advisors LLC Buys 617,866 Shares of iShares Core Total USD Bond Market ETF $IUSB

Farther Finance Advisors LLC increased its stake in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 23.8% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,214,129 shares of the company’s stock after purchasing an additional 617,866 shares during the quarter. iShares Core Total USD Bond Market ETF comprises about 1.0% of Farther Finance Advisors LLC’s portfolio, making the stock its 15th biggest position. Farther Finance Advisors LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $141,711,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also modified their holdings of IUSB. JNBA Financial Advisors acquired a new position in iShares Core Total USD Bond Market ETF during the 2nd quarter worth $32,000. Hurley Capital LLC acquired a new stake in shares of iShares Core Total USD Bond Market ETF in the 4th quarter valued at $33,000. Advocate Investing Services LLC bought a new stake in shares of iShares Core Total USD Bond Market ETF during the first quarter worth $42,000. Financial Freedom LLC acquired a new position in shares of iShares Core Total USD Bond Market ETF during the first quarter valued at $45,000. Finally, Oakworth Capital Inc. acquired a new position in shares of iShares Core Total USD Bond Market ETF during the second quarter valued at $54,000.

iShares Core Total USD Bond Market ETF Trading Up 0.3%

iShares Core Total USD Bond Market ETF stock traded up $0.12 during mid-day trading on Thursday, hitting $44.14. The stock had a trading volume of 6,389,466 shares, compared to its average volume of 5,163,126. The stock has a 50-day simple moving average of $45.04 and a two-hundred day simple moving average of $45.67. The stock has a market capitalization of $48.25 billion, a PE ratio of 10.80 and a beta of 0.27. iShares Core Total USD Bond Market ETF has a 12 month low of $43.75 and a 12 month high of $47.23.

iShares Core Total USD Bond Market ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Thursday, October 1st were paid a $0.1544 dividend. This represents a $1.85 annualized dividend and a dividend yield of 4.2%. The ex-dividend date of this dividend was Thursday, October 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.