Sofi Wealth LLC Grows Stake in iShares Core Total USD Bond Market ETF $IUSB

Sofi Wealth LLC boosted its position in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 6.2% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,319,100 shares of the company’s stock after purchasing an additional 77,149 shares during the quarter. iShares Core Total USD Bond Market ETF makes up 3.7% of Sofi Wealth LLC’s portfolio, making the stock its 11th biggest holding. Sofi Wealth LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $60,982,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the business. AlphaCore Capital LLC acquired a new position in iShares Core Total USD Bond Market ETF during the first quarter worth about $47,000. N.E.W. Advisory Services LLC purchased a new position in shares of iShares Core Total USD Bond Market ETF during the 1st quarter worth approximately $50,000. Atlantic Union Bankshares Corp acquired a new position in shares of iShares Core Total USD Bond Market ETF during the 2nd quarter worth approximately $52,000. Key Financial Inc lifted its stake in iShares Core Total USD Bond Market ETF by 30.2% in the 2nd quarter. Key Financial Inc now owns 1,185 shares of the company’s stock valued at $55,000 after buying an additional 275 shares in the last quarter. Finally, NorthRock Partners LLC grew its holdings in iShares Core Total USD Bond Market ETF by 379.1% during the 1st quarter. NorthRock Partners LLC now owns 1,418 shares of the company’s stock valued at $65,000 after buying an additional 1,122 shares during the last quarter.

iShares Core Total USD Bond Market ETF Stock Down 0.1%

NASDAQ IUSB opened at $46.59 on Monday. iShares Core Total USD Bond Market ETF has a fifty-two week low of $44.67 and a fifty-two week high of $47.20. The business has a fifty day moving average of $46.79 and a 200-day moving average of $46.18. The stock has a market cap of $33.12 billion, a price-to-earnings ratio of 10.80 and a beta of 0.26.

iShares Core Total USD Bond Market ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, November 6th. Investors of record on Monday, November 3rd were given a dividend of $0.1643 per share. The ex-dividend date was Monday, November 3rd. This represents a c) dividend on an annualized basis and a yield of 4.2%.

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.