Burt Wealth Advisors Sells 862 Shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Burt Wealth Advisors cut its stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 4.9% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 16,877 shares of the company’s stock after selling 862 shares during the quarter. Burt Wealth Advisors’ holdings in iShares Core Total USD Bond Market ETF were worth $795,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently made changes to their positions in IUSB. Cetera Investment Advisers boosted its position in iShares Core Total USD Bond Market ETF by 129.9% in the first quarter. Cetera Investment Advisers now owns 8,653,706 shares of the company’s stock worth $394,522,000 after purchasing an additional 4,890,264 shares during the last quarter. CWM LLC lifted its position in iShares Core Total USD Bond Market ETF by 19.5% during the third quarter. CWM LLC now owns 21,325,421 shares of the company’s stock valued at $1,004,854,000 after purchasing an additional 3,483,112 shares in the last quarter. Kestra Investment Management LLC bought a new stake in iShares Core Total USD Bond Market ETF during the second quarter valued at about $128,756,000. Sanctuary Advisors LLC purchased a new stake in iShares Core Total USD Bond Market ETF in the second quarter worth about $124,848,000. Finally, Mason & Associates LLC bought a new position in shares of iShares Core Total USD Bond Market ETF in the second quarter worth about $107,525,000.

iShares Core Total USD Bond Market ETF Stock Up 0.3 %

Shares of IUSB stock traded up $0.13 during trading hours on Friday, reaching $45.97. 7,913,478 shares of the company traded hands, compared to its average volume of 3,005,909. The firm has a 50-day moving average price of $46.61 and a 200 day moving average price of $45.88. iShares Core Total USD Bond Market ETF has a 12-month low of $43.44 and a 12-month high of $47.44.

iShares Core Total USD Bond Market ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were issued a dividend of $0.1577 per share. The ex-dividend date was Friday, November 1st. This represents a $1.89 annualized dividend and a yield of 4.12%. This is an increase from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16.

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.