Fifth Third Bancorp Raises Stake in iShares Core Total USD Bond Market ETF $IUSB

Fifth Third Bancorp lifted its stake in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 11,323.0% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 320,758 shares of the company’s stock after acquiring an additional 317,950 shares during the period. Fifth Third Bancorp’s holdings in iShares Core Total USD Bond Market ETF were worth $14,816,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Howe & Rusling Inc. boosted its holdings in iShares Core Total USD Bond Market ETF by 2.6% in the 4th quarter. Howe & Rusling Inc. now owns 8,329 shares of the company’s stock valued at $388,000 after purchasing an additional 215 shares during the last quarter. Beacon Financial Group grew its holdings in shares of iShares Core Total USD Bond Market ETF by 3.9% during the 1st quarter. Beacon Financial Group now owns 5,993 shares of the company’s stock worth $277,000 after purchasing an additional 226 shares during the period. Midwest Trust Co increased its position in shares of iShares Core Total USD Bond Market ETF by 2.9% during the 4th quarter. Midwest Trust Co now owns 8,432 shares of the company’s stock worth $392,000 after purchasing an additional 236 shares during the last quarter. HORAN Wealth LLC increased its position in shares of iShares Core Total USD Bond Market ETF by 5.2% during the 4th quarter. HORAN Wealth LLC now owns 5,882 shares of the company’s stock worth $274,000 after purchasing an additional 291 shares during the last quarter. Finally, FC Advisory LLC raised its holdings in iShares Core Total USD Bond Market ETF by 0.5% in the 4th quarter. FC Advisory LLC now owns 64,545 shares of the company’s stock valued at $3,004,000 after buying an additional 292 shares during the period.

iShares Core Total USD Bond Market ETF Price Performance

NASDAQ IUSB opened at $45.69 on Wednesday. The firm’s 50-day moving average is $45.97 and its two-hundred day moving average is $46.33. iShares Core Total USD Bond Market ETF has a 12 month low of $45.47 and a 12 month high of $47.23. The stock has a market capitalization of $42.61 billion, a P/E ratio of 10.80 and a beta of 0.26.

iShares Core Total USD Bond Market ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st were given a dividend of $0.164 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date of this dividend was Wednesday, July 1st. This is an increase from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.15.

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.