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

Fifth Third Bancorp raised its stake in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 11,323.0% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 320,758 shares of the company’s stock after purchasing an additional 317,950 shares during the quarter. Fifth Third Bancorp’s holdings in iShares Core Total USD Bond Market ETF were worth $14,816,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Sovran Advisors LLC raised its stake in iShares Core Total USD Bond Market ETF by 19.0% in the 1st quarter. Sovran Advisors LLC now owns 328,949 shares of the company’s stock worth $15,201,000 after acquiring an additional 52,433 shares during the last quarter. WealthShield Partners LLC raised its stake in shares of iShares Core Total USD Bond Market ETF by 3.3% during the 1st quarter. WealthShield Partners LLC now owns 286,289 shares of the company’s stock worth $13,224,000 after buying an additional 9,223 shares during the period. TSA Wealth Managment LLC grew its stake in iShares Core Total USD Bond Market ETF by 4.7% in the 1st quarter. TSA Wealth Managment LLC now owns 249,885 shares of the company’s stock valued at $11,542,000 after acquiring an additional 11,104 shares during the period. Simplicity Wealth LLC grew its stake in iShares Core Total USD Bond Market ETF by 7.3% in the 1st quarter. Simplicity Wealth LLC now owns 273,987 shares of the company’s stock valued at $12,655,000 after acquiring an additional 18,670 shares during the period. Finally, Sequoia Financial Advisors LLC acquired a new position in iShares Core Total USD Bond Market ETF during the first quarter worth $3,249,000.

iShares Core Total USD Bond Market ETF Stock Up 0.2%

Shares of NASDAQ IUSB opened at $45.69 on Wednesday. iShares Core Total USD Bond Market ETF has a 52-week low of $45.47 and a 52-week high of $47.23. The company’s 50-day simple moving average is $45.97 and its 200-day simple moving average is $46.33. The firm has a market cap of $42.61 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 company also recently disclosed a monthly dividend, which was paid on Tuesday, July 7th. Shareholders of record on Wednesday, July 1st were issued a $0.164 dividend. This represents a c) dividend on an annualized basis and a yield of 4.3%. The ex-dividend date was Wednesday, July 1st. This is an increase from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.15.

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.