Financial Advocates Investment Management Buys 107,609 Shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Financial Advocates Investment Management grew its position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 265.1% in the 4th quarter, HoldingsChannel.com reports. The firm owned 148,205 shares of the company’s stock after purchasing an additional 107,609 shares during the period. Financial Advocates Investment Management’s holdings in iShares Core Total USD Bond Market ETF were worth $6,699,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in IUSB. SWAN Capital LLC bought a new stake in iShares Core Total USD Bond Market ETF in the 3rd quarter worth about $25,000. Abich Financial Wealth Management LLC purchased a new position in shares of iShares Core Total USD Bond Market ETF in the 3rd quarter worth approximately $25,000. Peterson Financial Group Inc. bought a new position in shares of iShares Core Total USD Bond Market ETF in 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 valued at approximately $31,000. Finally, Darwin Wealth Management LLC purchased a new stake in shares of iShares Core Total USD Bond Market ETF during the third quarter valued at approximately $32,000.

iShares Core Total USD Bond Market ETF Price Performance

IUSB stock opened at $45.62 on Thursday. The stock’s fifty day simple moving average is $45.43 and its two-hundred day simple moving average is $46.04. iShares Core Total USD Bond Market ETF has a 1-year low of $44.21 and a 1-year high of $47.44.

iShares Core Total USD Bond Market ETF Cuts Dividend

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