iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) Stake Lifted by Sofi Wealth LLC

Sofi Wealth LLC boosted its holdings in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 4,501.0% during the 1st quarter, HoldingsChannel reports. The firm owned 1,241,951 shares of the company’s stock after purchasing an additional 1,214,958 shares during the period. iShares Core Total USD Bond Market ETF accounts for approximately 4.3% of Sofi Wealth LLC’s investment portfolio, making the stock its 8th biggest holding. Sofi Wealth LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $57,229,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Jones Financial Companies Lllp grew its position in iShares Core Total USD Bond Market ETF by 12.2% during the 4th quarter. Jones Financial Companies Lllp now owns 60,525,582 shares of the company’s stock worth $2,735,756,000 after purchasing an additional 6,586,279 shares during the last quarter. LPL Financial LLC boosted its holdings in shares of iShares Core Total USD Bond Market ETF by 13.5% in the fourth quarter. LPL Financial LLC now owns 44,646,696 shares of the company’s stock valued at $2,018,031,000 after acquiring an additional 5,315,980 shares in the last quarter. Wells Fargo & Company MN boosted its holdings in shares of iShares Core Total USD Bond Market ETF by 6.2% in the fourth quarter. Wells Fargo & Company MN now owns 42,531,915 shares of the company’s stock valued at $1,922,443,000 after acquiring an additional 2,496,641 shares in the last quarter. Ameriprise Financial Inc. boosted its holdings in shares of iShares Core Total USD Bond Market ETF by 1.9% in the fourth quarter. Ameriprise Financial Inc. now owns 10,409,106 shares of the company’s stock valued at $470,405,000 after acquiring an additional 197,710 shares in the last quarter. Finally, Mariner LLC boosted its holdings in shares of iShares Core Total USD Bond Market ETF by 17.8% in the fourth quarter. Mariner LLC now owns 9,718,320 shares of the company’s stock valued at $439,268,000 after acquiring an additional 1,466,593 shares in the last quarter.

iShares Core Total USD Bond Market ETF Stock Up 0.3%

Shares of NASDAQ:IUSB opened at $45.70 on Wednesday. The company has a market cap of $32.89 billion, a price-to-earnings ratio of 10.80 and a beta of 0.15. The firm’s 50-day simple moving average is $45.53 and its 200-day simple moving average is $45.57. iShares Core Total USD Bond Market ETF has a fifty-two week low of $44.67 and a fifty-two week high of $47.44.

iShares Core Total USD Bond Market ETF Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, June 5th. Stockholders of record on Monday, June 2nd were issued a $0.1651 dividend. This is an increase from iShares Core Total USD Bond Market ETF’s previous dividend of $0.16. The ex-dividend date of this dividend was Monday, June 2nd.

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.