Pettinga Financial Advisors LLC Acquires 102,650 Shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Pettinga Financial Advisors LLC raised its holdings in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 607.4% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 119,549 shares of the company’s stock after acquiring an additional 102,650 shares during the period. iShares Core Total USD Bond Market ETF comprises about 1.3% of Pettinga Financial Advisors LLC’s portfolio, making the stock its 22nd largest holding. Pettinga Financial Advisors LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $5,633,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of IUSB. Abich Financial Wealth Management LLC bought a new position in iShares Core Total USD Bond Market ETF during the 3rd quarter worth approximately $25,000. Peterson Financial Group Inc. purchased a new stake in shares of iShares Core Total USD Bond Market ETF during the third quarter valued at approximately $30,000. Evermay Wealth Management LLC bought a new position in shares of iShares Core Total USD Bond Market ETF in the third quarter worth approximately $31,000. Scarborough Advisors LLC increased its stake in shares of iShares Core Total USD Bond Market ETF by 120.7% in the second quarter. Scarborough Advisors LLC now owns 865 shares of the company’s stock worth $39,000 after buying an additional 473 shares during the period. Finally, National Bank of Canada FI bought a new stake in iShares Core Total USD Bond Market ETF during the 2nd quarter valued at $43,000.

iShares Core Total USD Bond Market ETF Price Performance

Shares of iShares Core Total USD Bond Market ETF stock opened at $45.52 on Monday. The company’s fifty day simple moving average is $46.46 and its two-hundred day simple moving average is $45.95. iShares Core Total USD Bond Market ETF has a 12-month low of $44.08 and a 12-month high of $47.44.

iShares Core Total USD Bond Market ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were issued a dividend of $0.1577 per share. This represents a $1.89 dividend on an annualized basis and a yield of 4.16%. The ex-dividend date of this dividend was Friday, November 1st. This is an increase from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16.

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.