Sound Income Strategies LLC Purchases 32,807 Shares of iShares Core Total USD Bond Market ETF $IUSB

Sound Income Strategies LLC increased its position in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 118.8% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 60,421 shares of the company’s stock after buying an additional 32,807 shares during the period. 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 bought and sold shares of the company. CIBC Private Wealth Group LLC acquired a new stake in iShares Core Total USD Bond Market ETF in the third quarter worth $27,000. Team Financial Group LLC boosted its position in shares of iShares Core Total USD Bond Market ETF by 54.4% during the 3rd quarter. Team Financial Group LLC now owns 619 shares of the company’s stock worth $29,000 after purchasing an additional 218 shares in the last quarter. Chapman Financial Group LLC acquired a new stake in shares of iShares Core Total USD Bond Market ETF in the 3rd quarter valued at about $31,000. Collier Financial acquired a new stake in shares of iShares Core Total USD Bond Market ETF in the 3rd quarter valued at about $32,000. Finally, Richardson Capital Management LLC acquired a new stake in shares of iShares Core Total USD Bond Market ETF in the 3rd quarter valued at about $43,000.

iShares Core Total USD Bond Market ETF Price Performance

Shares of IUSB opened at $46.18 on Wednesday. The stock has a 50-day moving average of $46.55 and a 200-day moving average of $46.66. The company has a market cap of $36.13 billion, a PE ratio of 10.80 and a beta of 0.28. iShares Core Total USD Bond Market ETF has a one year low of $44.74 and a one year high of $47.23.

iShares Core Total USD Bond Market ETF Increases Dividend

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

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.