Apollon Wealth Management LLC Purchases 15,308 Shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Apollon Wealth Management LLC grew its position in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 9.0% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 185,179 shares of the company’s stock after acquiring an additional 15,308 shares during the quarter. Apollon Wealth Management LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $8,370,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. LGT Financial Advisors LLC boosted its position in shares of iShares Core Total USD Bond Market ETF by 18.2% during the third quarter. LGT Financial Advisors LLC now owns 1,421 shares of the company’s stock valued at $67,000 after buying an additional 219 shares during the period. Kovack Advisors Inc. boosted its position in iShares Core Total USD Bond Market ETF by 4.3% in the 3rd quarter. Kovack Advisors Inc. now owns 5,557 shares of the company’s stock valued at $262,000 after buying an additional 227 shares during the period. McAdam LLC grew its stake in iShares Core Total USD Bond Market ETF by 2.3% in the 4th quarter. McAdam LLC now owns 10,354 shares of the company’s stock worth $468,000 after acquiring an additional 230 shares in the last quarter. Snider Financial Group increased its position in shares of iShares Core Total USD Bond Market ETF by 3.3% during the third quarter. Snider Financial Group now owns 7,521 shares of the company’s stock worth $354,000 after acquiring an additional 238 shares during the period. Finally, Family Asset Management LLC raised its stake in shares of iShares Core Total USD Bond Market ETF by 30.2% during the third quarter. Family Asset Management LLC now owns 1,151 shares of the company’s stock valued at $54,000 after acquiring an additional 267 shares in the last quarter.

iShares Core Total USD Bond Market ETF Trading Down 0.3 %

Shares of NASDAQ IUSB opened at $45.45 on Friday. iShares Core Total USD Bond Market ETF has a 52-week low of $44.21 and a 52-week high of $47.44. The stock has a 50 day moving average price of $45.41 and a 200 day moving average price of $46.04.

iShares Core Total USD Bond Market ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were given a dividend of $0.1542 per share. The ex-dividend date of this dividend was Monday, February 3rd.

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.