Acorn Financial Advisory Services Inc. ADV Has $590,000 Position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Acorn Financial Advisory Services Inc. ADV raised its stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 28.1% during the 3rd quarter, Holdings Channel reports. The fund owned 12,519 shares of the company’s stock after acquiring an additional 2,748 shares during the period. Acorn Financial Advisory Services Inc. ADV’s holdings in iShares Core Total USD Bond Market ETF were worth $590,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently made changes to their positions in the company. WealthPLAN Partners LLC increased its position in iShares Core Total USD Bond Market ETF by 76.0% during the 1st quarter. WealthPLAN Partners LLC now owns 78,900 shares of the company’s stock worth $3,597,000 after buying an additional 34,072 shares during the period. Atomi Financial Group Inc. acquired a new stake in iShares Core Total USD Bond Market ETF in the 1st quarter worth about $10,912,000. Concurrent Investment Advisors LLC boosted its holdings in iShares Core Total USD Bond Market ETF by 72.8% in the 1st quarter. Concurrent Investment Advisors LLC now owns 75,543 shares of the company’s stock valued at $3,444,000 after purchasing an additional 31,828 shares during the period. White Lighthouse Investment Management Inc. grew its position in shares of iShares Core Total USD Bond Market ETF by 3.3% during the 1st quarter. White Lighthouse Investment Management Inc. now owns 93,685 shares of the company’s stock worth $4,271,000 after purchasing an additional 3,019 shares in the last quarter. Finally, Sfmg LLC bought a new position in shares of iShares Core Total USD Bond Market ETF during the first quarter worth approximately $217,000.

iShares Core Total USD Bond Market ETF Stock Up 0.1 %

Shares of NASDAQ IUSB traded up $0.06 during midday trading on Friday, reaching $45.90. The company’s stock had a trading volume of 54,782,571 shares, compared to its average volume of 3,221,896. iShares Core Total USD Bond Market ETF has a fifty-two week low of $43.44 and a fifty-two week high of $47.44. The business’s 50 day moving average price is $46.58 and its two-hundred day moving average price is $45.89.

iShares Core Total USD Bond Market ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were issued a dividend of $0.1577 per share. This is a positive change from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16. This represents a $1.89 annualized dividend and a dividend yield of 4.12%. The ex-dividend date of this dividend was Friday, November 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.