Morris Financial Concepts Inc. Buys 1,148 Shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Morris Financial Concepts Inc. increased its stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 5.9% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 20,644 shares of the company’s stock after acquiring an additional 1,148 shares during the period. Morris Financial Concepts Inc.’s holdings in iShares Core Total USD Bond Market ETF were worth $941,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Parkside Financial Bank & Trust bought a new stake in shares of iShares Core Total USD Bond Market ETF in the fourth quarter worth $27,000. Planned Solutions Inc. purchased a new position in shares of iShares Core Total USD Bond Market ETF in the fourth quarter valued at $28,000. Pineridge Advisors LLC purchased a new stake in shares of iShares Core Total USD Bond Market ETF during the 4th quarter valued at about $28,000. Simplex Trading LLC purchased a new stake in iShares Core Total USD Bond Market ETF during the fourth quarter valued at approximately $30,000. Finally, Family Asset Management LLC lifted its position in iShares Core Total USD Bond Market ETF by 1,813.3% in the fourth quarter. Family Asset Management LLC now owns 861 shares of the company’s stock worth $40,000 after buying an additional 816 shares during the last quarter.

iShares Core Total USD Bond Market ETF Stock Performance

NASDAQ:IUSB traded down $0.39 during mid-day trading on Monday, hitting $44.83. 1,881,412 shares of the stock traded hands, compared to its average volume of 2,946,785. The firm’s 50 day moving average is $45.03 and its two-hundred day moving average is $45.31. iShares Core Total USD Bond Market ETF has a 52 week low of $42.56 and a 52 week high of $46.35.

iShares Core Total USD Bond Market ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Friday, June 7th. Stockholders of record on Monday, June 3rd were given a dividend of $0.1495 per share. This represents a $1.79 dividend on an annualized basis and a dividend yield of 4.00%. The ex-dividend date was Monday, June 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.