Truist Financial Corp Grows Stock Position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Truist Financial Corp grew its stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 5.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,602,296 shares of the company’s stock after buying an additional 77,610 shares during the quarter. Truist Financial Corp owned approximately 0.23% of iShares Core Total USD Bond Market ETF worth $72,424,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. 5T Wealth LLC bought a new position in iShares Core Total USD Bond Market ETF during the fourth quarter valued at $16,007,000. Total Investment Management Inc. bought a new stake in shares of iShares Core Total USD Bond Market ETF in the fourth quarter valued at about $212,000. Keystone Financial Services increased its holdings in shares of iShares Core Total USD Bond Market ETF by 0.9% in the 4th quarter. Keystone Financial Services now owns 670,145 shares of the company’s stock valued at $30,291,000 after acquiring an additional 5,690 shares during the period. Opes Wealth Management LLC raised its holdings in iShares Core Total USD Bond Market ETF by 1.7% in the fourth quarter. Opes Wealth Management LLC now owns 338,615 shares of the company’s stock worth $15,305,000 after purchasing an additional 5,557 shares in the last quarter. Finally, Stanich Group LLC bought a new position in shares of iShares Core Total USD Bond Market ETF during the 4th quarter worth approximately $454,000.

iShares Core Total USD Bond Market ETF Price Performance

NASDAQ:IUSB opened at $45.58 on Tuesday. The company’s 50 day moving average is $45.32 and its two-hundred day moving average is $46.03. iShares Core Total USD Bond Market ETF has a twelve month low of $44.21 and a twelve month high of $47.44.

iShares Core Total USD Bond Market ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were issued a $0.1542 dividend. The ex-dividend date was Monday, February 3rd.

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.