Farther Finance Advisors LLC Buys 165,889 Shares of iShares Core Total USD Bond Market ETF $IUSB

Farther Finance Advisors LLC boosted its stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 10.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,703,390 shares of the company’s stock after purchasing an additional 165,889 shares during the period. iShares Core Total USD Bond Market ETF comprises about 0.8% of Farther Finance Advisors LLC’s holdings, making the stock its 16th largest holding. Farther Finance Advisors LLC owned about 0.23% of iShares Core Total USD Bond Market ETF worth $79,276,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Jones Financial Companies Lllp increased its stake in shares of iShares Core Total USD Bond Market ETF by 6.9% in the third quarter. Jones Financial Companies Lllp now owns 71,364,109 shares of the company’s stock valued at $3,327,011,000 after buying an additional 4,589,650 shares during the period. Northwestern Mutual Wealth Management Co. increased its stake in shares of iShares Core Total USD Bond Market ETF by 8.1% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 26,298,023 shares of the company’s stock valued at $1,228,381,000 after buying an additional 1,980,869 shares during the period. JPMorgan Chase & Co. increased its stake in shares of iShares Core Total USD Bond Market ETF by 4.9% in the third quarter. JPMorgan Chase & Co. now owns 19,693,393 shares of the company’s stock valued at $919,878,000 after buying an additional 911,004 shares during the period. Mariner LLC increased its stake in shares of iShares Core Total USD Bond Market ETF by 11.5% in the third quarter. Mariner LLC now owns 14,004,882 shares of the company’s stock valued at $654,168,000 after buying an additional 1,449,320 shares during the period. Finally, Ameriprise Financial Inc. increased its stake in shares of iShares Core Total USD Bond Market ETF by 1.2% in the third quarter. Ameriprise Financial Inc. now owns 11,066,646 shares of the company’s stock valued at $516,686,000 after buying an additional 131,323 shares during the period.

iShares Core Total USD Bond Market ETF Price Performance

iShares Core Total USD Bond Market ETF stock opened at $46.47 on Wednesday. The business has a 50 day moving average of $46.53 and a 200-day moving average of $46.65. iShares Core Total USD Bond Market ETF has a 1 year low of $45.07 and a 1 year high of $47.23. The company has a market capitalization of $36.42 billion, a P/E ratio of 10.80 and a beta of 0.28.

iShares Core Total USD Bond Market ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, April 7th. Stockholders of record on Wednesday, April 1st were paid a $0.1645 dividend. This is an increase from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16. This represents a c) annualized dividend and a dividend yield of 4.2%. The ex-dividend date of this dividend was Wednesday, April 1st.

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.