Financial Life Advisors Purchases 23,433 Shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Financial Life Advisors lifted its position in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 6.4% in the first quarter, Holdings Channel reports. The institutional investor owned 386,887 shares of the company’s stock after acquiring an additional 23,433 shares during the period. iShares Core Total USD Bond Market ETF makes up about 7.4% of Financial Life Advisors’ portfolio, making the stock its 4th largest position. Financial Life Advisors’ holdings in iShares Core Total USD Bond Market ETF were worth $17,638,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of IUSB. FMR LLC boosted its position in shares of iShares Core Total USD Bond Market ETF by 4.0% during the 3rd quarter. FMR LLC now owns 1,222,470 shares of the company’s stock worth $53,440,000 after acquiring an additional 46,690 shares in the last quarter. Natixis Advisors L.P. increased its holdings in iShares Core Total USD Bond Market ETF by 96.8% in the 3rd quarter. Natixis Advisors L.P. now owns 38,584 shares of the company’s stock worth $1,687,000 after purchasing an additional 18,976 shares in the last quarter. Gallagher Fiduciary Advisors LLC boosted its stake in shares of iShares Core Total USD Bond Market ETF by 1.5% during the third quarter. Gallagher Fiduciary Advisors LLC now owns 145,744 shares of the company’s stock valued at $6,371,000 after purchasing an additional 2,163 shares in the last quarter. Truist Financial Corp increased its position in iShares Core Total USD Bond Market ETF by 1.4% in the 3rd quarter. Truist Financial Corp now owns 635,653 shares of the company’s stock valued at $27,788,000 after acquiring an additional 8,606 shares during the period. Finally, Axxcess Wealth Management LLC bought a new position in iShares Core Total USD Bond Market ETF during the 3rd quarter worth $440,000.

iShares Core Total USD Bond Market ETF Stock Performance

NASDAQ:IUSB traded down $0.38 on Monday, reaching $44.84. 1,229,865 shares of the stock traded hands, compared to its average volume of 2,941,278. iShares Core Total USD Bond Market ETF has a 1-year low of $42.56 and a 1-year high of $46.35. The company’s 50 day moving average is $45.03 and its 200-day moving average is $45.31.

iShares Core Total USD Bond Market ETF Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Friday, June 7th. Shareholders of record on Monday, June 3rd were paid a $0.1495 dividend. This represents a $1.79 annualized dividend and a yield of 4.00%. The ex-dividend date was Monday, June 3rd.

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.