iShares Core Total USD Bond Market ETF $IUSB is Savvy Advisors Inc.’s 2nd Largest Position

Savvy Advisors Inc. lifted its stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 60.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,839,695 shares of the company’s stock after purchasing an additional 1,065,133 shares during the period. iShares Core Total USD Bond Market ETF makes up 4.3% of Savvy Advisors Inc.’s investment portfolio, making the stock its 2nd largest holding. Savvy Advisors Inc. owned 0.38% of iShares Core Total USD Bond Market ETF worth $132,159,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Team Financial Group LLC boosted its stake in shares of iShares Core Total USD Bond Market ETF by 54.4% during the 3rd quarter. Team Financial Group LLC now owns 619 shares of the company’s stock worth $29,000 after acquiring an additional 218 shares in the last quarter. Snider Financial Group increased its stake in iShares Core Total USD Bond Market ETF by 3.6% in the 3rd quarter. Snider Financial Group now owns 6,580 shares of the company’s stock valued at $307,000 after purchasing an additional 231 shares in the last quarter. Leavell Investment Management Inc. raised its holdings in iShares Core Total USD Bond Market ETF by 0.6% during the third quarter. Leavell Investment Management Inc. now owns 40,535 shares of the company’s stock worth $1,893,000 after purchasing an additional 240 shares during the last quarter. Linscomb Wealth Inc. raised its holdings in iShares Core Total USD Bond Market ETF by 0.8% during the third quarter. Linscomb Wealth Inc. now owns 31,738 shares of the company’s stock worth $1,482,000 after purchasing an additional 264 shares during the last quarter. Finally, Meridian Wealth Management LLC boosted its position in iShares Core Total USD Bond Market ETF by 3.3% during the third quarter. Meridian Wealth Management LLC now owns 8,582 shares of the company’s stock worth $401,000 after purchasing an additional 276 shares in the last quarter.

iShares Core Total USD Bond Market ETF Stock Performance

IUSB opened at $46.18 on Friday. The company has a market cap of $36.13 billion, a price-to-earnings ratio of 10.80 and a beta of 0.26. iShares Core Total USD Bond Market ETF has a one year low of $44.74 and a one year high of $47.23. The business’s fifty day moving average is $46.57 and its two-hundred day moving average is $46.67.

iShares Core Total USD Bond Market ETF Increases Dividend

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

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.