Fragasso Financial Advisors Inc Makes New $4.49 Million Investment in iShares Core Total USD Bond Market ETF $IUSB

Fragasso Financial Advisors Inc acquired a new stake in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 101,744 shares of the company’s stock, valued at approximately $4,491,000.

A number of other hedge funds have also recently made changes to their positions in the business. GK Wealth Management LLC purchased a new position in shares of iShares Core Total USD Bond Market ETF in the third quarter valued at about $26,000. JNBA Financial Advisors purchased a new position in shares of iShares Core Total USD Bond Market ETF during the 2nd quarter worth $32,000. Hurley Capital LLC bought a new stake in iShares Core Total USD Bond Market ETF during the fourth quarter valued at about $33,000. Advocate Investing Services LLC purchased a new stake in shares of iShares Core Total USD Bond Market ETF in the first quarter worth about $42,000. Finally, Financial Freedom LLC bought a new stake in shares of iShares Core Total USD Bond Market ETF in the 1st quarter valued at approximately $45,000.

iShares Core Total USD Bond Market ETF Trading Up 0.0%

Shares of NASDAQ IUSB traded up $0.02 during midday trading on Tuesday, hitting $44.17. The company’s stock had a trading volume of 2,216,281 shares, compared to its average volume of 5,139,187. iShares Core Total USD Bond Market ETF has a 12-month low of $43.75 and a 12-month high of $47.23. The firm has a market cap of $48.48 billion, a P/E ratio of 10.80 and a beta of 0.27. The business’s 50 day moving average is $44.96 and its two-hundred day moving average is $45.63.

iShares Core Total USD Bond Market ETF Announces Dividend

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

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.