Farther Finance Advisors LLC Sells 951,260 Shares of iShares Core Total USD Bond Market ETF $IUSB

Farther Finance Advisors LLC lessened its position in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 38.2% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,537,501 shares of the company’s stock after selling 951,260 shares during the period. iShares Core Total USD Bond Market ETF makes up approximately 1.1% of Farther Finance Advisors LLC’s investment portfolio, making the stock its 11th largest position. Farther Finance Advisors LLC owned about 0.22% of iShares Core Total USD Bond Market ETF worth $71,816,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in IUSB. Blue Oak Capital LLC grew its position in shares of iShares Core Total USD Bond Market ETF by 9.9% during the 2nd quarter. Blue Oak Capital LLC now owns 78,240 shares of the company’s stock worth $3,617,000 after purchasing an additional 7,043 shares in the last quarter. Avidian Wealth Enterprises LLC boosted its stake in shares of iShares Core Total USD Bond Market ETF by 3.0% in the second quarter. Avidian Wealth Enterprises LLC now owns 1,000,740 shares of the company’s stock valued at $46,264,000 after buying an additional 28,709 shares during the period. Midwest Heritage Bank FSB boosted its stake in shares of iShares Core Total USD Bond Market ETF by 6.0% in the second quarter. Midwest Heritage Bank FSB now owns 10,007 shares of the company’s stock valued at $463,000 after buying an additional 563 shares during the period. B. Riley Wealth Advisors Inc. acquired a new stake in iShares Core Total USD Bond Market ETF during the second quarter worth approximately $6,423,000. Finally, Ameriflex Group Inc. grew its position in iShares Core Total USD Bond Market ETF by 1,864.9% during the first quarter. Ameriflex Group Inc. now owns 32,559 shares of the company’s stock worth $1,500,000 after buying an additional 30,902 shares in the last quarter.

iShares Core Total USD Bond Market ETF Price Performance

Shares of NASDAQ IUSB opened at $46.50 on Tuesday. The business has a fifty day moving average price of $46.78 and a two-hundred day moving average price of $46.40. The stock has a market capitalization of $33.05 billion, a PE ratio of 10.80 and a beta of 0.26. iShares Core Total USD Bond Market ETF has a fifty-two week low of $44.67 and a fifty-two week high of $47.20.

iShares Core Total USD Bond Market ETF Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Wednesday, December 24th. Investors of record on Friday, December 19th will be paid a $0.1648 dividend. This represents a c) dividend on an annualized basis and a yield of 4.3%. This is a boost from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16. The ex-dividend date of this dividend is Friday, December 19th.

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.