Citigroup Inc. Grows Stock Position in iShares Core Total USD Bond Market ETF $IUSB

Citigroup Inc. raised its holdings in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 741.0% in the third quarter, Holdings Channel reports. The institutional investor owned 210,458 shares of the company’s stock after acquiring an additional 185,434 shares during the period. Citigroup Inc.’s holdings in iShares Core Total USD Bond Market ETF were worth $9,830,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the business. Team Financial Group LLC increased its stake in shares of iShares Core Total USD Bond Market ETF by 54.4% in 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. Collier Financial bought a new stake in iShares Core Total USD Bond Market ETF during the third quarter valued at about $32,000. Richardson Capital Management LLC purchased a new stake in iShares Core Total USD Bond Market ETF in the third quarter worth about $43,000. Anchor Investment Management LLC bought a new position in shares of iShares Core Total USD Bond Market ETF in the second quarter worth about $51,000. Finally, Atlantic Union Bankshares Corp bought a new position in shares of iShares Core Total USD Bond Market ETF in the second quarter worth about $52,000.

iShares Core Total USD Bond Market ETF Trading Up 0.2%

iShares Core Total USD Bond Market ETF stock opened at $47.20 on Friday. iShares Core Total USD Bond Market ETF has a 12-month low of $44.74 and a 12-month high of $47.23. The firm has a market capitalization of $35.49 billion, a price-to-earnings ratio of 10.80 and a beta of 0.26. The firm has a 50 day moving average of $46.72 and a 200 day moving average of $46.69.

iShares Core Total USD Bond Market ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were paid a dividend of $0.165 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 of this dividend was Monday, February 2nd. This represents a c) annualized dividend 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.