Savvy Advisors Inc. Buys 192,240 Shares of iShares Core Total USD Bond Market ETF $IUSB

Savvy Advisors Inc. raised its stake in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 20.5% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,129,771 shares of the company’s stock after buying an additional 192,240 shares during the quarter. iShares Core Total USD Bond Market ETF comprises about 3.5% of Savvy Advisors Inc.’s investment portfolio, making the stock its 3rd biggest position. Savvy Advisors Inc.’s holdings in iShares Core Total USD Bond Market ETF were worth $52,229,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of the company. AlphaCore Capital LLC acquired a new position in iShares Core Total USD Bond Market ETF during the first quarter valued at approximately $47,000. N.E.W. Advisory Services LLC acquired a new stake in shares of iShares Core Total USD Bond Market ETF during the 1st quarter valued at approximately $50,000. NorthRock Partners LLC raised its stake in iShares Core Total USD Bond Market ETF by 379.1% during the first quarter. NorthRock Partners LLC now owns 1,418 shares of the company’s stock worth $65,000 after acquiring an additional 1,122 shares during the period. GoalVest Advisory LLC acquired a new stake in shares of iShares Core Total USD Bond Market ETF during the 2nd quarter worth approximately $75,000. Finally, Quest 10 Wealth Builders Inc. increased its position in iShares Core Total USD Bond Market ETF by 233.9% in the first quarter. Quest 10 Wealth Builders Inc. now owns 1,666 shares of the company’s stock worth $77,000 after buying an additional 1,167 shares during the period.

iShares Core Total USD Bond Market ETF Trading Down 0.4%

iShares Core Total USD Bond Market ETF stock opened at $46.97 on Thursday. iShares Core Total USD Bond Market ETF has a 52 week low of $44.67 and a 52 week high of $47.20. The stock has a market cap of $33.31 billion, a price-to-earnings ratio of 10.80 and a beta of 0.26. The company’s 50-day moving average price is $46.71 and its two-hundred day moving average price is $46.09.

iShares Core Total USD Bond Market ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, October 6th. Investors of record on Wednesday, October 1st were issued a $0.1668 dividend. This is a boost from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16. This represents a c) dividend on an annualized basis and a yield of 4.3%. The ex-dividend date was Wednesday, October 1st.

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.