Apollon Wealth Management LLC Buys 12,865 Shares of iShares Core Total USD Bond Market ETF $IUSB

Apollon Wealth Management LLC grew its stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 6.2% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 220,958 shares of the company’s stock after purchasing an additional 12,865 shares during the period. Apollon Wealth Management LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $10,206,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in IUSB. Diversify Advisory Services LLC grew its position in iShares Core Total USD Bond Market ETF by 11.3% during the third quarter. Diversify Advisory Services LLC now owns 159,983 shares of the company’s stock worth $7,458,000 after buying an additional 16,301 shares in the last quarter. Ausdal Financial Partners Inc. raised its holdings in iShares Core Total USD Bond Market ETF by 169.5% in the 3rd quarter. Ausdal Financial Partners Inc. now owns 40,553 shares of the company’s stock valued at $1,894,000 after acquiring an additional 25,504 shares in the last quarter. Royal Fund Management LLC raised its holdings in iShares Core Total USD Bond Market ETF by 186.5% in the 4th quarter. Royal Fund Management LLC now owns 162,128 shares of the company’s stock valued at $7,546,000 after acquiring an additional 105,546 shares in the last quarter. Blueprint Financial Advisors LLC bought a new stake in shares of iShares Core Total USD Bond Market ETF in the 3rd quarter worth approximately $578,000. Finally, Shira Ridge Wealth Management lifted its position in shares of iShares Core Total USD Bond Market ETF by 15.1% in the 4th quarter. Shira Ridge Wealth Management now owns 98,238 shares of the company’s stock worth $4,572,000 after acquiring an additional 12,893 shares during the period.

iShares Core Total USD Bond Market ETF Stock Performance

Shares of NASDAQ:IUSB opened at $46.30 on Monday. 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 1-year low of $45.47 and a 1-year high of $47.23. The business’s 50 day moving average is $46.08 and its 200-day moving average is $46.39.

iShares Core Total USD Bond Market ETF Cuts Dividend

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