Saxony Capital Management LLC Acquires 23,330 Shares of iShares Core Total USD Bond Market ETF $IUSB

Saxony Capital Management LLC boosted its holdings in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 24.3% during the third quarter, HoldingsChannel.com reports. The fund owned 119,177 shares of the company’s stock after purchasing an additional 23,330 shares during the period. iShares Core Total USD Bond Market ETF accounts for 2.1% of Saxony Capital Management LLC’s portfolio, making the stock its 11th largest holding. Saxony Capital Management LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $5,255,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in the business. GK Wealth Management LLC acquired a new position in iShares Core Total USD Bond Market ETF in the third quarter worth about $26,000. JNBA Financial Advisors bought a new position in iShares Core Total USD Bond Market ETF during the second quarter worth about $32,000. Advocate Investing Services LLC acquired a new stake in iShares Core Total USD Bond Market ETF during the first quarter valued at approximately $42,000. Financial Freedom LLC acquired a new stake in iShares Core Total USD Bond Market ETF during the first quarter valued at approximately $45,000. Finally, Oakworth Capital Inc. acquired a new stake in iShares Core Total USD Bond Market ETF during the second quarter valued at approximately $54,000.

iShares Core Total USD Bond Market ETF Trading Up 0.5%

IUSB stock opened at $44.47 on Friday. iShares Core Total USD Bond Market ETF has a 1-year low of $43.75 and a 1-year high of $47.23. The firm has a market cap of $49.16 billion, a P/E ratio of 10.80 and a beta of 0.27. The business’s 50 day moving average is $44.89 and its 200-day moving average is $45.60.

iShares Core Total USD Bond Market ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, October 6th. Investors of record on Thursday, October 1st were given a dividend of $0.1544 per share. This represents a $1.85 annualized dividend and a dividend yield of 4.2%. The ex-dividend date was Thursday, October 1st.

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.