Acorn Financial Advisory Services Inc. ADV Trims Stock Holdings in iShares Core Total USD Bond Market ETF $IUSB

Acorn Financial Advisory Services Inc. ADV decreased its holdings in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 11.3% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,370 shares of the company’s stock after selling 811 shares during the period. Acorn Financial Advisory Services Inc. ADV’s holdings in iShares Core Total USD Bond Market ETF were worth $294,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. CX Institutional purchased a new position in shares of iShares Core Total USD Bond Market ETF in the first quarter worth about $41,000. AlphaCore Capital LLC purchased a new position in shares of iShares Core Total USD Bond Market ETF in the first quarter worth about $47,000. N.E.W. Advisory Services LLC purchased a new position in shares of iShares Core Total USD Bond Market ETF in the first quarter worth about $50,000. NorthRock Partners LLC increased its stake in shares of iShares Core Total USD Bond Market ETF by 379.1% in the first quarter. NorthRock Partners LLC now owns 1,418 shares of the company’s stock worth $65,000 after purchasing an additional 1,122 shares in the last quarter. Finally, Quest 10 Wealth Builders Inc. grew its stake in iShares Core Total USD Bond Market ETF by 233.9% during the first quarter. Quest 10 Wealth Builders Inc. now owns 1,666 shares of the company’s stock valued at $77,000 after acquiring an additional 1,167 shares in the last quarter.

iShares Core Total USD Bond Market ETF Trading Up 0.2%

Shares of NASDAQ:IUSB opened at $46.84 on Tuesday. The company has a 50 day moving average of $46.50 and a 200 day moving average of $45.98. The stock has a market cap of $33.18 billion, a P/E ratio of 10.80 and a beta of 0.15. iShares Core Total USD Bond Market ETF has a 12 month low of $44.67 and a 12 month high of $47.03.

iShares Core Total USD Bond Market ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, October 6th. Investors of record on Wednesday, October 1st were paid a dividend of $0.1668 per share. This is an increase from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16. This represents a c) annualized dividend and a yield of 4.3%. The ex-dividend date of this dividend was Wednesday, October 1st.

iShares Core Total USD Bond Market ETF Company 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.