iShares Core Total USD Bond Market ETF $IUSB Shares Purchased by Sofi Wealth LLC

Sofi Wealth LLC raised its stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 28.7% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,553,764 shares of the company’s stock after acquiring an additional 346,365 shares during the quarter. iShares Core Total USD Bond Market ETF makes up 3.5% of Sofi Wealth LLC’s portfolio, making the stock its 11th biggest holding. Sofi Wealth LLC owned approximately 0.20% of iShares Core Total USD Bond Market ETF worth $71,768,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Royal Fund Management LLC boosted its stake in shares of iShares Core Total USD Bond Market ETF by 186.5% during the 4th 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 last quarter. Nations Financial Group Inc. IA ADV raised its holdings in iShares Core Total USD Bond Market ETF by 107.0% in the fourth quarter. Nations Financial Group Inc. IA ADV now owns 40,417 shares of the company’s stock valued at $1,881,000 after acquiring an additional 20,889 shares in the last quarter. Prime Capital Investment Advisors LLC grew its holdings in iShares Core Total USD Bond Market ETF by 633.5% during the 4th quarter. Prime Capital Investment Advisors LLC now owns 33,227 shares of the company’s stock worth $1,546,000 after acquiring an additional 28,697 shares in the last quarter. Shira Ridge Wealth Management raised its stake in shares of iShares Core Total USD Bond Market ETF by 15.1% in the 4th quarter. Shira Ridge Wealth Management now owns 98,238 shares of the company’s stock valued at $4,572,000 after purchasing an additional 12,893 shares in the last quarter. Finally, Jacobson & Schmitt Advisors LLC lifted its position in shares of iShares Core Total USD Bond Market ETF by 2.0% during the fourth quarter. Jacobson & Schmitt Advisors LLC now owns 779,202 shares of the company’s stock worth $36,264,000 after purchasing an additional 15,358 shares during the last quarter.

iShares Core Total USD Bond Market ETF Price Performance

Shares of NASDAQ IUSB opened at $45.77 on Friday. The stock has a market capitalization of $42.85 billion, a P/E ratio of 10.80 and a beta of 0.26. iShares Core Total USD Bond Market ETF has a 52-week low of $45.47 and a 52-week high of $47.23. The stock’s 50 day moving average price is $45.96 and its two-hundred day moving average price is $46.32.

iShares Core Total USD Bond Market ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st were given a $0.164 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date was Wednesday, July 1st. This is an increase from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.15.

iShares Core Total USD Bond Market ETF Company 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.