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

Farther Finance Advisors LLC lifted its position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 23.8% during the 3rd quarter, according to the company in its most recent filing with the 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 accounts for approximately 1.0% of Farther Finance Advisors LLC’s holdings, making the stock its 15th biggest holding. Farther Finance Advisors LLC owned approximately 0.29% of iShares Core Total USD Bond Market ETF worth $141,711,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the company. Beacon Financial Group grew its stake in iShares Core Total USD Bond Market ETF by 3.9% during the first quarter. Beacon Financial Group now owns 5,993 shares of the company’s stock worth $277,000 after buying an additional 226 shares during the last quarter. Davidson Investment Advisors raised its stake in shares of iShares Core Total USD Bond Market ETF by 1.9% in the second quarter. Davidson Investment Advisors now owns 12,237 shares of the company’s stock valued at $565,000 after acquiring an additional 234 shares during the last quarter. Acorn Financial Advisory Services Inc. ADV raised its stake in shares of iShares Core Total USD Bond Market ETF by 5.9% in the second quarter. Acorn Financial Advisory Services Inc. ADV now owns 5,158 shares of the company’s stock valued at $238,000 after acquiring an additional 289 shares during the last quarter. Pinnacle Bancorp Inc. boosted its holdings in shares of iShares Core Total USD Bond Market ETF by 5.7% in the 1st quarter. Pinnacle Bancorp Inc. now owns 5,923 shares of the company’s stock worth $274,000 after acquiring an additional 319 shares in the last quarter. Finally, Anchor Investment Management LLC boosted its holdings in shares of iShares Core Total USD Bond Market ETF by 30.5% in the 4th quarter. Anchor Investment Management LLC now owns 1,451 shares of the company’s stock worth $68,000 after acquiring an additional 339 shares in the last quarter.

iShares Core Total USD Bond Market ETF Trading Up 0.3%

NASDAQ IUSB traded up $0.12 during trading hours on Thursday, reaching $44.14. 6,389,466 shares of the company’s stock were exchanged, compared to its average volume of 5,163,126. The firm has a fifty day moving average of $45.04 and a 200-day moving average of $45.67. iShares Core Total USD Bond Market ETF has a one year low of $43.75 and a one year high of $47.23. The stock has a market cap of $48.25 billion, a PE ratio of 10.80 and a beta of 0.27.

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 issued a dividend of $0.1544 per share. This represents a $1.85 annualized dividend 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.