Apollon Financial LLC Buys 16,667 Shares of iShares Core Total USD Bond Market ETF $IUSB

Apollon Financial LLC lifted its stake in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 39.1% during the first quarter, HoldingsChannel reports. The firm owned 59,318 shares of the company’s stock after acquiring an additional 16,667 shares during the quarter. Apollon Financial LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $2,740,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of IUSB. Diversify Advisory Services LLC lifted its position in shares of iShares Core Total USD Bond Market ETF by 11.3% in the third quarter. Diversify Advisory Services LLC now owns 159,983 shares of the company’s stock valued at $7,458,000 after buying an additional 16,301 shares during the last quarter. Ausdal Financial Partners Inc. boosted its position in iShares Core Total USD Bond Market ETF by 169.5% during the third quarter. Ausdal Financial Partners Inc. now owns 40,553 shares of the company’s stock worth $1,894,000 after purchasing an additional 25,504 shares during the period. Royal Fund Management LLC increased its holdings in shares of iShares Core Total USD Bond Market ETF by 186.5% in the fourth quarter. Royal Fund Management LLC now owns 162,128 shares of the company’s stock valued at $7,546,000 after purchasing an additional 105,546 shares during the last quarter. Blueprint Financial Advisors LLC acquired a new position in shares of iShares Core Total USD Bond Market ETF in the third quarter valued at $578,000. Finally, Shira Ridge Wealth Management raised its position in shares of iShares Core Total USD Bond Market ETF by 15.1% in the fourth quarter. Shira Ridge Wealth Management now owns 98,238 shares of the company’s stock valued at $4,572,000 after purchasing an additional 12,893 shares during the period.

iShares Core Total USD Bond Market ETF Price Performance

Shares of IUSB opened at $46.30 on Monday. The company’s 50-day moving average is $46.08 and its 200-day moving average is $46.39. The firm has a market capitalization of $36.64 billion, a PE ratio of 10.80 and a beta of 0.26. iShares Core Total USD Bond Market ETF has a fifty-two week low of $45.47 and a fifty-two week high of $47.23.

iShares Core Total USD Bond Market ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, June 4th. Investors of record on Monday, June 1st were paid a $0.1511 dividend. The ex-dividend date was Monday, June 1st. This represents a c) dividend on an annualized basis and a yield of 3.9%.

iShares Core Total USD Bond Market ETF 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.