Kovack Advisors Inc. Purchases 227 Shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Kovack Advisors Inc. lifted its position in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 4.3% during the third quarter, Holdings Channel.com reports. The institutional investor owned 5,557 shares of the company’s stock after acquiring an additional 227 shares during the quarter. Kovack Advisors Inc.’s holdings in iShares Core Total USD Bond Market ETF were worth $262,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in IUSB. LPL Financial LLC grew its holdings in iShares Core Total USD Bond Market ETF by 2.2% during the 2nd quarter. LPL Financial LLC now owns 32,698,037 shares of the company’s stock worth $1,478,605,000 after acquiring an additional 705,199 shares in the last quarter. CWM LLC lifted its position in shares of iShares Core Total USD Bond Market ETF by 19.5% in the 3rd quarter. CWM LLC now owns 21,325,421 shares of the company’s stock worth $1,004,854,000 after purchasing an additional 3,483,112 shares during the period. Envestnet Portfolio Solutions Inc. boosted its stake in shares of iShares Core Total USD Bond Market ETF by 0.3% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 19,689,119 shares of the company’s stock valued at $890,342,000 after purchasing an additional 65,765 shares in the last quarter. Park Avenue Securities LLC increased its holdings in iShares Core Total USD Bond Market ETF by 17.8% during the third quarter. Park Avenue Securities LLC now owns 12,498,157 shares of the company’s stock valued at $588,913,000 after buying an additional 1,890,434 shares during the period. Finally, Janney Montgomery Scott LLC raised its stake in iShares Core Total USD Bond Market ETF by 18.1% in the third quarter. Janney Montgomery Scott LLC now owns 9,687,022 shares of the company’s stock worth $456,453,000 after buying an additional 1,484,171 shares in the last quarter.

iShares Core Total USD Bond Market ETF Stock Performance

iShares Core Total USD Bond Market ETF stock opened at $45.52 on Friday. The business has a fifty day moving average of $46.49 and a two-hundred day moving average of $45.92. iShares Core Total USD Bond Market ETF has a twelve month low of $44.08 and a twelve month high of $47.44.

iShares Core Total USD Bond Market ETF Increases Dividend

The business also recently disclosed 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 a boost from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16. This represents a $1.89 dividend on an annualized basis and a dividend yield of 4.16%. The ex-dividend date was Friday, November 1st.

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.