Sofi Wealth LLC Buys 68,536 Shares of iShares Core Total USD Bond Market ETF $IUSB

Sofi Wealth LLC grew its stake in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 6.0% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 1,207,399 shares of the company’s stock after buying an additional 68,536 shares during the quarter. iShares Core Total USD Bond Market ETF makes up 2.8% of Sofi Wealth LLC’s holdings, making the stock its 13th biggest holding. Sofi Wealth LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $56,192,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently modified their holdings of IUSB. AQR Capital Management LLC grew its stake in shares of iShares Core Total USD Bond Market ETF by 9.9% during the first quarter. AQR Capital Management LLC now owns 60,249 shares of the company’s stock worth $2,776,000 after buying an additional 5,416 shares during the last quarter. Goldman Sachs Group Inc. grew its stake in shares of iShares Core Total USD Bond Market ETF by 40.7% in the first quarter. Goldman Sachs Group Inc. now owns 191,332 shares of the company’s stock worth $8,817,000 after purchasing an additional 55,360 shares during the last quarter. M&T Bank Corp bought a new stake in shares of iShares Core Total USD Bond Market ETF in the second quarter worth $335,000. Brown Advisory Inc. bought a new stake in shares of iShares Core Total USD Bond Market ETF in the second quarter worth $246,000. Finally, Qube Research & Technologies Ltd bought a new stake in shares of iShares Core Total USD Bond Market ETF in the second quarter worth $167,000.

iShares Core Total USD Bond Market ETF Stock Up 0.1%

Shares of iShares Core Total USD Bond Market ETF stock opened at $46.20 on Thursday. iShares Core Total USD Bond Market ETF has a twelve month low of $45.07 and a twelve month high of $47.23. The stock has a market cap of $36.41 billion, a price-to-earnings ratio of 10.80 and a beta of 0.28. The company’s fifty day moving average is $46.43 and its 200 day moving average is $46.62.

iShares Core Total USD Bond Market ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, April 7th. Shareholders of record on Wednesday, April 1st were given a dividend of $0.1645 per share. This represents a c) dividend on an annualized basis and a yield of 4.3%. This is an increase from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16. The ex-dividend date of this dividend was Wednesday, April 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.