Truist Financial Corp Sells 68,561 Shares of iShares Core Total USD Bond Market ETF $IUSB

Truist Financial Corp cut its holdings in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 4.3% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,543,452 shares of the company’s stock after selling 68,561 shares during the quarter. Truist Financial Corp owned 0.22% of iShares Core Total USD Bond Market ETF worth $72,095,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Team Financial Group LLC grew its holdings in iShares Core Total USD Bond Market ETF by 54.4% in the third quarter. Team Financial Group LLC now owns 619 shares of the company’s stock worth $29,000 after purchasing an additional 218 shares during the period. 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. Anchor Investment Management LLC bought a new stake in iShares Core Total USD Bond Market ETF in the 2nd quarter valued at about $51,000. Atlantic Union Bankshares Corp acquired a new position in iShares Core Total USD Bond Market ETF during the 2nd quarter worth approximately $52,000. Finally, Key Financial Inc boosted its holdings in iShares Core Total USD Bond Market ETF by 30.2% in the second quarter. Key Financial Inc now owns 1,185 shares of the company’s stock worth $55,000 after acquiring an additional 275 shares in the last quarter.

iShares Core Total USD Bond Market ETF Stock Down 0.1%

NASDAQ IUSB opened at $46.68 on Thursday. iShares Core Total USD Bond Market ETF has a 52 week low of $44.74 and a 52 week high of $47.20. The business has a 50 day moving average price of $46.66 and a 200-day moving average price of $46.55. The company has a market cap of $34.94 billion, a price-to-earnings ratio of 10.80 and a beta of 0.26.

iShares Core Total USD Bond Market ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, December 24th. Shareholders of record on Friday, December 19th were paid a dividend of $0.1648 per share. This is a boost from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16. The ex-dividend date was Friday, December 19th. This represents a c) dividend on an annualized basis and a yield of 4.2%.

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.