Beacon Financial Advisory LLC Has $1.53 Million Stock Holdings in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Beacon Financial Advisory LLC raised its stake in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 18.4% in the third quarter, Holdings Channel reports. The fund owned 32,385 shares of the company’s stock after acquiring an additional 5,041 shares during the period. Beacon Financial Advisory LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $1,526,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in IUSB. Abich Financial Wealth Management LLC bought a new position in iShares Core Total USD Bond Market ETF in the 3rd quarter valued at $25,000. Evermay Wealth Management LLC acquired a new position in shares of iShares Core Total USD Bond Market ETF during the third quarter worth approximately $31,000. Scarborough Advisors LLC grew its stake in shares of iShares Core Total USD Bond Market ETF by 120.7% during the second quarter. Scarborough Advisors LLC now owns 865 shares of the company’s stock valued at $39,000 after purchasing an additional 473 shares during the last quarter. National Bank of Canada FI acquired a new stake in shares of iShares Core Total USD Bond Market ETF in the second quarter valued at approximately $43,000. Finally, Cultivar Capital Inc. bought a new position in iShares Core Total USD Bond Market ETF in the 2nd quarter worth approximately $45,000.

iShares Core Total USD Bond Market ETF Trading Up 0.2 %

Shares of IUSB opened at $45.83 on Wednesday. The business’s fifty day moving average price is $46.64 and its two-hundred day moving average price is $45.88. iShares Core Total USD Bond Market ETF has a 52 week low of $43.38 and a 52 week high of $47.44.

iShares Core Total USD Bond Market ETF Increases Dividend

The company also recently declared a monthly dividend, which will be paid on Wednesday, November 6th. Investors of record on Friday, November 1st will be issued a $0.1577 dividend. This is a boost from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16. The ex-dividend date of this dividend is Friday, November 1st. This represents a $1.89 annualized dividend and a yield of 4.13%.

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.