Sound Income Strategies LLC Has $2.82 Million Stock Position in iShares Core Total USD Bond Market ETF $IUSB

Sound Income Strategies LLC grew its holdings in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 118.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 60,421 shares of the company’s stock after buying an additional 32,807 shares during the quarter. Sound Income Strategies LLC’s holdings in iShares Core Total USD Bond Market ETF were worth $2,817,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in IUSB. Jones Financial Companies Lllp raised its position in iShares Core Total USD Bond Market ETF by 6.9% in the third quarter. Jones Financial Companies Lllp now owns 71,364,109 shares of the company’s stock worth $3,327,011,000 after acquiring an additional 4,589,650 shares during the period. Gallagher Fiduciary Advisors LLC raised its position in iShares Core Total USD Bond Market ETF by 3,595.7% in the second quarter. Gallagher Fiduciary Advisors LLC now owns 3,377,749 shares of the company’s stock worth $156,153,000 after acquiring an additional 3,286,352 shares during the period. Northwestern Mutual Wealth Management Co. raised its position in iShares Core Total USD Bond Market ETF by 8.1% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 26,298,023 shares of the company’s stock worth $1,228,381,000 after acquiring an additional 1,980,869 shares during the period. Thrivent Financial for Lutherans raised its position in iShares Core Total USD Bond Market ETF by 3,347.5% in the third quarter. Thrivent Financial for Lutherans now owns 1,862,672 shares of the company’s stock worth $87,006,000 after acquiring an additional 1,808,643 shares during the period. Finally, Mariner LLC raised its position in iShares Core Total USD Bond Market ETF by 11.5% in the third quarter. Mariner LLC now owns 14,004,882 shares of the company’s stock worth $654,168,000 after acquiring an additional 1,449,320 shares during the period.

iShares Core Total USD Bond Market ETF Stock Performance

Shares of IUSB stock opened at $46.18 on Wednesday. The firm has a market cap of $36.13 billion, a price-to-earnings ratio of 10.80 and a beta of 0.28. iShares Core Total USD Bond Market ETF has a 52 week low of $44.74 and a 52 week high of $47.23. The firm’s 50-day simple moving average is $46.55 and its two-hundred day simple moving average is $46.66.

iShares Core Total USD Bond Market ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, April 7th. Shareholders of record on Wednesday, April 1st were given a $0.1645 dividend. This is a positive change from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16. This represents a c) annualized dividend and a yield of 4.3%. 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.