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

Sofi Wealth LLC lifted its position in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 28.7% in the 1st quarter, Holdings Channel reports. The fund owned 1,553,764 shares of the company’s stock after buying an additional 346,365 shares during the period. iShares Core Total USD Bond Market ETF comprises 3.5% of Sofi Wealth LLC’s investment portfolio, making the stock its 11th biggest holding. Sofi Wealth LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $71,768,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of IUSB. Royal Fund Management LLC raised its stake in 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 acquiring an additional 105,546 shares in the last quarter. Prime Capital Investment Advisors LLC raised its stake in shares of iShares Core Total USD Bond Market ETF by 633.5% during the fourth quarter. Prime Capital Investment Advisors LLC now owns 33,227 shares of the company’s stock valued at $1,546,000 after purchasing an additional 28,697 shares in the last quarter. Nations Financial Group Inc. IA ADV boosted its holdings in shares of 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. Shira Ridge Wealth Management increased its stake in shares of 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 valued at $4,572,000 after acquiring an additional 12,893 shares during the period. Finally, Jacobson & Schmitt Advisors LLC raised its holdings in 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 in the last quarter.

iShares Core Total USD Bond Market ETF Price Performance

IUSB opened at $45.77 on Friday. The company has a market capitalization of $42.85 billion, a price-to-earnings ratio of 10.80 and a beta of 0.26. iShares Core Total USD Bond Market ETF has a 1-year low of $45.47 and a 1-year high of $47.23. The business has a 50 day moving average price of $45.96 and a two-hundred day moving average price of $46.32.

iShares Core Total USD Bond Market ETF Increases Dividend

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

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.