Truist Financial Corp Has $72.10 Million Holdings in iShares Core Total USD Bond Market ETF $IUSB

Truist Financial Corp lowered its stake in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 4.3% in the third quarter, Holdings Channel.com reports. The firm owned 1,543,452 shares of the company’s stock after selling 68,561 shares during the period. Truist Financial Corp’s holdings in iShares Core Total USD Bond Market ETF were worth $72,095,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Team Financial Group LLC lifted its holdings in shares of 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 valued at $29,000 after purchasing an additional 218 shares in the last quarter. Morris Financial Concepts Inc. raised its position in iShares Core Total USD Bond Market ETF by 1.2% in the 2nd quarter. Morris Financial Concepts Inc. now owns 20,711 shares of the company’s stock valued at $957,000 after buying an additional 239 shares during the last quarter. Leavell Investment Management Inc. raised its position in iShares Core Total USD Bond Market ETF by 0.6% in the 3rd quarter. Leavell Investment Management Inc. now owns 40,535 shares of the company’s stock valued at $1,893,000 after buying an additional 240 shares during the last quarter. Key Financial Inc lifted its stake in iShares Core Total USD Bond Market ETF by 30.2% during the 2nd quarter. Key Financial Inc now owns 1,185 shares of the company’s stock valued at $55,000 after acquiring an additional 275 shares in the last quarter. Finally, Detalus Advisors LLC boosted its holdings in iShares Core Total USD Bond Market ETF by 1.4% during the 3rd quarter. Detalus Advisors LLC now owns 20,861 shares of the company’s stock worth $974,000 after acquiring an additional 285 shares during the last quarter.

iShares Core Total USD Bond Market ETF Price Performance

Shares of IUSB stock opened at $46.68 on Thursday. The firm has a 50-day moving average of $46.66 and a 200-day moving average of $46.55. iShares Core Total USD Bond Market ETF has a one year low of $44.74 and a one year high of $47.20. The company has a market cap of $34.94 billion, a P/E ratio of 10.80 and a beta of 0.26.

iShares Core Total USD Bond Market ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, December 24th. Shareholders of record on Friday, December 19th were given a dividend of $0.1648 per share. The ex-dividend date of this dividend was Friday, December 19th. This represents a c) annualized dividend and a dividend yield of 4.2%. This is an increase 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.