Great Valley Advisor Group Inc. Takes $2.78 Million Position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Great Valley Advisor Group Inc. bought a new position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) during the third quarter, Holdings Channel reports. The fund bought 59,011 shares of the company’s stock, valued at approximately $2,781,000.

A number of other institutional investors have also recently bought and sold shares of the stock. LGT Financial Advisors LLC grew its position in 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 worth $67,000 after purchasing an additional 219 shares in the last quarter. McAdam LLC increased its position in iShares Core Total USD Bond Market ETF by 2.0% in the 2nd quarter. McAdam LLC now owns 11,797 shares of the company’s stock worth $533,000 after purchasing an additional 227 shares during the last quarter. Kovack Advisors Inc. raised its position 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 acquiring an additional 227 shares in the last quarter. Snider Financial Group lifted its stake in shares of iShares Core Total USD Bond Market ETF by 3.3% in the 3rd 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. Finally, Bush Investment Group LLC lifted its position in shares of iShares Core Total USD Bond Market ETF by 0.4% in the first quarter. Bush Investment Group LLC now owns 57,356 shares of the company’s stock worth $2,615,000 after buying an additional 245 shares during the last quarter.

iShares Core Total USD Bond Market ETF Stock Up 0.0 %

Shares of iShares Core Total USD Bond Market ETF stock opened at $45.61 on Monday. The stock has a 50 day moving average price of $46.29 and a two-hundred day moving average price of $45.98. iShares Core Total USD Bond Market ETF has a 12-month low of $44.21 and a 12-month high of $47.44.

iShares Core Total USD Bond Market ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were paid a dividend of $0.1577 per share. This is an increase from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16. The ex-dividend date was Friday, November 1st. This represents a $1.89 annualized dividend and a yield of 4.15%.

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.