Farrell Financial LLC Sells 792 Shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Farrell Financial LLC reduced its position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 3.1% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 24,358 shares of the company’s stock after selling 792 shares during the period. iShares Core Total USD Bond Market ETF accounts for 0.8% of Farrell Financial LLC’s investment portfolio, making the stock its 28th largest holding. Farrell Financial LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $1,101,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. LGT Financial Advisors LLC boosted its position in shares of iShares Core Total USD Bond Market ETF by 18.2% during the 3rd quarter. LGT Financial Advisors LLC now owns 1,421 shares of the company’s stock valued at $67,000 after acquiring an additional 219 shares during the last quarter. Kovack Advisors Inc. raised its stake in iShares Core Total USD Bond Market ETF by 4.3% during the third quarter. Kovack Advisors Inc. now owns 5,557 shares of the company’s stock valued at $262,000 after purchasing an additional 227 shares in the last quarter. Snider Financial Group lifted its position in iShares Core Total USD Bond Market ETF by 3.3% during the third quarter. Snider Financial Group now owns 7,521 shares of the company’s stock valued at $354,000 after purchasing an additional 238 shares during the last quarter. Ascent Group LLC grew its stake in shares of iShares Core Total USD Bond Market ETF by 0.7% in the 2nd quarter. Ascent Group LLC now owns 34,660 shares of the company’s stock worth $1,567,000 after buying an additional 252 shares in the last quarter. Finally, Sugarloaf Wealth Management LLC increased its holdings in shares of iShares Core Total USD Bond Market ETF by 8.4% in the 3rd quarter. Sugarloaf Wealth Management LLC now owns 3,447 shares of the company’s stock worth $162,000 after buying an additional 266 shares during the last quarter.

iShares Core Total USD Bond Market ETF Stock Up 0.3 %

Shares of NASDAQ:IUSB opened at $45.35 on Wednesday. iShares Core Total USD Bond Market ETF has a 12 month low of $44.21 and a 12 month high of $47.44. The company has a 50-day moving average price of $45.48 and a 200 day moving average price of $46.06.

iShares Core Total USD Bond Market ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were paid a $0.1605 dividend. This represents a $1.93 annualized dividend and a dividend yield of 4.25%. This is a positive change from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16. The ex-dividend date was Wednesday, December 18th.

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.