Summit Financial LLC Purchases 16,949 Shares of iShares Core Total USD Bond Market ETF $IUSB

Summit Financial LLC grew its position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 2.9% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 598,936 shares of the company’s stock after purchasing an additional 16,949 shares during the quarter. Summit Financial LLC owned approximately 0.08% of iShares Core Total USD Bond Market ETF worth $27,874,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also bought and sold shares of the company. Diversify Advisory Services LLC boosted its stake 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 acquiring an additional 16,301 shares in the last quarter. Advyzon Investment Management LLC boosted its stake in iShares Core Total USD Bond Market ETF by 58.0% during the third quarter. Advyzon Investment Management LLC now owns 30,379 shares of the company’s stock worth $1,419,000 after acquiring an additional 11,147 shares in the last quarter. Ausdal Financial Partners Inc. boosted its stake 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 acquiring an additional 25,504 shares in the last quarter. Royal Fund Management LLC boosted its stake in iShares Core Total USD Bond Market ETF by 186.5% during the fourth quarter. Royal Fund Management LLC now owns 162,128 shares of the company’s stock worth $7,546,000 after acquiring an additional 105,546 shares in the last quarter. Finally, Blueprint Financial Advisors LLC bought a new position in iShares Core Total USD Bond Market ETF during the third quarter worth $578,000.

iShares Core Total USD Bond Market ETF Stock Down 0.1%

Shares of NASDAQ IUSB opened at $46.05 on Friday. The firm has a market cap of $36.44 billion, a PE ratio of 10.80 and a beta of 0.26. iShares Core Total USD Bond Market ETF has a 12-month low of $45.47 and a 12-month high of $47.23. The company’s fifty day simple moving average is $46.11 and its 200 day simple moving average is $46.44.

iShares Core Total USD Bond Market ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, June 4th. Investors of record on Monday, June 1st were paid a dividend of $0.1511 per share. The ex-dividend date of this dividend was Monday, June 1st. This represents a c) annualized dividend 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.