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

Citigroup Inc. increased its holdings in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 741.0% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 210,458 shares of the company’s stock after acquiring an additional 185,434 shares during the quarter. 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 (SEC).

Other large investors also recently bought and sold shares of the company. Team Financial Group LLC increased its stake in shares of iShares Core Total USD Bond Market ETF by 54.4% during 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. Collier Financial bought a new stake in shares of iShares Core Total USD Bond Market ETF in the 3rd quarter worth approximately $32,000. Richardson Capital Management LLC purchased a new stake in shares of iShares Core Total USD Bond Market ETF in the 3rd quarter worth approximately $43,000. Anchor Investment Management LLC bought a new position in iShares Core Total USD Bond Market ETF during the 2nd quarter valued at approximately $51,000. Finally, Atlantic Union Bankshares Corp bought a new position in iShares Core Total USD Bond Market ETF during the 2nd quarter valued at approximately $52,000.

iShares Core Total USD Bond Market ETF Price Performance

Shares of NASDAQ:IUSB opened at $47.20 on Friday. The business has a fifty day moving average price of $46.72 and a 200-day moving average price of $46.69. The company has a market capitalization of $35.49 billion, a PE ratio of 10.80 and a beta of 0.26. iShares Core Total USD Bond Market ETF has a 1-year low of $44.74 and a 1-year high of $47.23.

iShares Core Total USD Bond Market ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were paid a dividend of $0.165 per share. The ex-dividend date was Monday, February 2nd. This represents a c) annualized dividend and a 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 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.