iShares Core Total USD Bond Market ETF $IUSB Stake Lifted by Savvy Advisors Inc.

Savvy Advisors Inc. raised its holdings in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 57.1% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,774,562 shares of the company’s stock after purchasing an additional 644,791 shares during the quarter. iShares Core Total USD Bond Market ETF comprises approximately 3.8% of Savvy Advisors Inc.’s portfolio, making the stock its 3rd largest holding. Savvy Advisors Inc. owned about 0.25% of iShares Core Total USD Bond Market ETF worth $82,890,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. AQR Capital Management LLC increased its position in iShares Core Total USD Bond Market ETF by 9.9% in the 1st quarter. AQR Capital Management LLC now owns 60,249 shares of the company’s stock valued at $2,776,000 after acquiring an additional 5,416 shares during the period. Goldman Sachs Group Inc. grew its stake in shares of iShares Core Total USD Bond Market ETF by 40.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 191,332 shares of the company’s stock valued at $8,817,000 after purchasing an additional 55,360 shares during the last quarter. Sequoia Financial Advisors LLC grew its stake in shares of iShares Core Total USD Bond Market ETF by 334.1% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 21,911 shares of the company’s stock valued at $1,013,000 after purchasing an additional 16,863 shares during the last quarter. Arlington Financial Advisors LLC acquired a new position in shares of iShares Core Total USD Bond Market ETF in the second quarter valued at approximately $248,000. Finally, SFG Wealth Management LLC. purchased a new stake in shares of iShares Core Total USD Bond Market ETF during the second quarter worth approximately $393,000.

iShares Core Total USD Bond Market ETF Price Performance

NASDAQ:IUSB opened at $46.71 on Thursday. The firm has a market cap of $35.13 billion, a price-to-earnings ratio of 10.80 and a beta of 0.26. The firm’s fifty day moving average price is $46.62 and its 200 day moving average price is $46.61. iShares Core Total USD Bond Market ETF has a 1-year low of $44.74 and a 1-year high of $47.20.

iShares Core Total USD Bond Market ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were issued a $0.165 dividend. The ex-dividend date of this dividend was Monday, February 2nd. This is a positive change 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%.

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.