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

Acorn Financial Advisory Services Inc. ADV lifted its holdings in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 28.1% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 12,519 shares of the company’s stock after purchasing an additional 2,748 shares during the quarter. 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 SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Objective Capital Management LLC bought a new position in shares of iShares Core Total USD Bond Market ETF during the third quarter worth about $1,097,000. TCTC Holdings LLC acquired a new position in iShares Core Total USD Bond Market ETF during the 3rd quarter worth approximately $454,000. Assetmark Inc. grew its stake in shares of iShares Core Total USD Bond Market ETF by 1.0% during the 3rd quarter. Assetmark Inc. now owns 1,316,533 shares of the company’s stock worth $62,035,000 after acquiring an additional 13,469 shares in the last quarter. Galvin Gaustad & Stein LLC lifted its position in iShares Core Total USD Bond Market ETF by 8.5% during the 3rd quarter. Galvin Gaustad & Stein LLC now owns 214,675 shares of the company’s stock worth $10,115,000 after buying an additional 16,744 shares in the last quarter. Finally, Able Wealth Management LLC bought a new stake in iShares Core Total USD Bond Market ETF during the 3rd quarter worth about $634,000.

iShares Core Total USD Bond Market ETF Price Performance

Shares of NASDAQ IUSB traded up $0.06 during mid-day trading on Friday, hitting $45.90. The company had a trading volume of 54,782,571 shares, compared to its average volume of 3,221,896. The firm has a 50-day simple moving average of $46.58 and a two-hundred day simple moving average of $45.89. iShares Core Total USD Bond Market ETF has a one year low of $43.44 and a one year high of $47.44.

iShares Core Total USD Bond Market ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were given 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. The ex-dividend date of this dividend was Friday, November 1st. This represents a $1.89 annualized dividend and a dividend yield of 4.12%.

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.