Fragasso Financial Advisors Inc Sells 12,969 Shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Fragasso Financial Advisors Inc cut its position in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 58.0% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 9,377 shares of the company’s stock after selling 12,969 shares during the quarter. Fragasso Financial Advisors Inc’s holdings in iShares Core Total USD Bond Market ETF were worth $424,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. NBC Securities Inc. lifted its holdings in iShares Core Total USD Bond Market ETF by 7.5% during the fourth quarter. NBC Securities Inc. now owns 3,352 shares of the company’s stock valued at $154,000 after purchasing an additional 234 shares during the last quarter. Benjamin F. Edwards & Company Inc. lifted its stake in shares of iShares Core Total USD Bond Market ETF by 3.5% during the 4th quarter. Benjamin F. Edwards & Company Inc. now owns 7,093 shares of the company’s stock valued at $327,000 after buying an additional 237 shares in the last quarter. Harbor Investment Advisory LLC boosted its holdings in iShares Core Total USD Bond Market ETF by 16.5% in the 1st quarter. Harbor Investment Advisory LLC now owns 1,681 shares of the company’s stock worth $77,000 after buying an additional 238 shares during the period. Bush Investment Group LLC grew its stake in iShares Core Total USD Bond Market ETF by 0.4% in the 1st quarter. Bush Investment Group LLC now owns 57,356 shares of the company’s stock valued at $2,615,000 after buying an additional 245 shares in the last quarter. Finally, Independent Wealth Network Inc. raised its holdings in iShares Core Total USD Bond Market ETF by 3.9% during the 1st quarter. Independent Wealth Network Inc. now owns 7,284 shares of the company’s stock valued at $332,000 after acquiring an additional 276 shares during the period.

iShares Core Total USD Bond Market ETF Stock Performance

Shares of NASDAQ:IUSB traded down $0.26 during midday trading on Tuesday, reaching $46.29. 2,198,714 shares of the company traded hands, compared to its average volume of 2,779,490. The firm’s fifty day moving average price is $45.47 and its two-hundred day moving average price is $45.27. iShares Core Total USD Bond Market ETF has a 12 month low of $42.56 and a 12 month high of $46.89.

iShares Core Total USD Bond Market ETF Increases Dividend

The company also recently declared a monthly dividend, which will be paid on Tuesday, August 6th. Shareholders of record on Thursday, August 1st will be issued a $0.1568 dividend. This represents a $1.88 annualized dividend and a yield of 4.06%. This is an increase from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.15. The ex-dividend date of this dividend is Thursday, August 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.