iShares Core Total USD Bond Market ETF $IUSB Shares Bought by Fifth Third Bancorp

Fifth Third Bancorp lifted its holdings in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 7.1% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 2,121,715 shares of the company’s stock after acquiring an additional 141,458 shares during the period. Fifth Third Bancorp’s holdings in iShares Core Total USD Bond Market ETF were worth $93,546,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of IUSB. GK Wealth Management LLC bought a new stake in shares of iShares Core Total USD Bond Market ETF during the third quarter worth approximately $26,000. Team Financial Group LLC bought a new position in iShares Core Total USD Bond Market ETF in the third quarter valued at approximately $27,000. JNBA Financial Advisors bought a new position in iShares Core Total USD Bond Market ETF in the second quarter valued at approximately $32,000. Independence Bank of Kentucky acquired a new stake in iShares Core Total USD Bond Market ETF during the 3rd quarter worth $50,000. Finally, Oakworth Capital Inc. acquired a new stake in iShares Core Total USD Bond Market ETF during the 2nd quarter worth $54,000.

iShares Core Total USD Bond Market ETF Stock Performance

IUSB opened at $44.38 on Friday. The company has a fifty day moving average price of $44.58 and a two-hundred day moving average price of $45.72. The firm has a market capitalization of $49.83 billion, a PE ratio of 10.80 and a beta of 0.27. iShares Core Total USD Bond Market ETF has a 52 week low of $43.75 and a 52 week high of $47.23.

iShares Core Total USD Bond Market ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, November 5th. Stockholders of record on Monday, November 2nd were given a $0.1718 dividend. The ex-dividend date was Monday, November 2nd. This represents a $2.06 annualized dividend and a dividend yield of 4.6%. This is an increase from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.1544.

iShares Core Total USD Bond Market ETF Company 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.