iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) is Sofi Wealth LLC’s 8th Largest Position

Sofi Wealth LLC boosted its holdings in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 4,501.0% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,241,951 shares of the company’s stock after acquiring 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 position. Sofi Wealth LLC owned about 0.17% of iShares Core Total USD Bond Market ETF worth $57,229,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the business. Kingswood Wealth Advisors LLC boosted its holdings in iShares Core Total USD Bond Market ETF by 17.8% in the 1st quarter. Kingswood Wealth Advisors LLC now owns 36,336 shares of the company’s stock valued at $1,674,000 after purchasing an additional 5,492 shares during the last quarter. Lion Street Advisors LLC boosted its holdings in iShares Core Total USD Bond Market ETF by 42.6% in the 1st quarter. Lion Street Advisors LLC now owns 25,270 shares of the company’s stock valued at $1,164,000 after purchasing an additional 7,552 shares during the last quarter. Edge Financial Advisors LLC acquired a new position in iShares Core Total USD Bond Market ETF in the 1st quarter valued at about $638,000. BCU Wealth Advisors LLC boosted its holdings in iShares Core Total USD Bond Market ETF by 17.4% in the 1st quarter. BCU Wealth Advisors LLC now owns 156,759 shares of the company’s stock valued at $7,223,000 after purchasing an additional 23,243 shares during the last quarter. Finally, Sagespring Wealth Partners LLC boosted its holdings in iShares Core Total USD Bond Market ETF by 103.8% in the 1st quarter. Sagespring Wealth Partners LLC now owns 133,938 shares of the company’s stock valued at $6,172,000 after purchasing an additional 68,231 shares during the last quarter.

iShares Core Total USD Bond Market ETF Price Performance

NASDAQ:IUSB opened at $45.70 on Wednesday. The firm has a market capitalization of $32.89 billion, a price-to-earnings ratio of 10.80 and a beta of 0.15. The company’s 50-day moving average is $45.53 and its two-hundred day moving average is $45.57. iShares Core Total USD Bond Market ETF has a 1-year low of $44.67 and a 1-year high of $47.44.

iShares Core Total USD Bond Market ETF Increases Dividend

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

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.