SageGuard Financial Group LLC Has $6.55 Million Holdings in iShares Core Total USD Bond Market ETF $IUSB

SageGuard Financial Group LLC grew its holdings in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 149.5% in the 1st quarter, Holdings Channel reports. The fund owned 141,811 shares of the company’s stock after purchasing an additional 84,979 shares during the quarter. SageGuard Financial Group LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $6,550,000 as of its most recent filing with the Securities and Exchange Commission.

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

iShares Core Total USD Bond Market ETF Price Performance

Shares of IUSB opened at $46.30 on Monday. The stock’s 50-day moving average price is $46.08 and its 200 day moving average price is $46.39. The firm has a market capitalization of $36.64 billion, a price-to-earnings 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.

iShares Core Total USD Bond Market ETF Cuts Dividend

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

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.