Kovack Advisors Inc. Purchases 753 Shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Kovack Advisors Inc. grew its position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 13.6% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 6,310 shares of the company’s stock after buying an additional 753 shares during the quarter. Kovack Advisors Inc.’s holdings in iShares Core Total USD Bond Market ETF were worth $285,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in IUSB. SWAN Capital LLC acquired a new position in iShares Core Total USD Bond Market ETF during the third quarter valued at approximately $25,000. Peterson Financial Group Inc. bought a new position in shares of iShares Core Total USD Bond Market ETF in the 3rd quarter valued at $30,000. Darwin Wealth Management LLC acquired a new position in shares of iShares Core Total USD Bond Market ETF during the 3rd quarter worth $32,000. First Financial Corp IN bought a new stake in shares of iShares Core Total USD Bond Market ETF during the 4th quarter worth $35,000. Finally, New Millennium Group LLC bought a new stake in shares of iShares Core Total USD Bond Market ETF during the 4th quarter worth $38,000.

iShares Core Total USD Bond Market ETF Stock Up 0.5 %

iShares Core Total USD Bond Market ETF stock opened at $46.25 on Friday. The stock has a market cap of $33.01 billion, a PE ratio of 16.77 and a beta of 0.24. iShares Core Total USD Bond Market ETF has a 12-month low of $44.21 and a 12-month high of $47.44. The business’s 50-day moving average price is $45.35 and its two-hundred day moving average price is $45.99.

iShares Core Total USD Bond Market ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were issued a dividend of $0.1542 per share. The ex-dividend date of this dividend was Monday, February 3rd.

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.