PNC Financial Services Group Inc. Trims Stock Position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

PNC Financial Services Group Inc. lessened its stake in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 1.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,417,064 shares of the company’s stock after selling 17,739 shares during the quarter. PNC Financial Services Group Inc.’s holdings in iShares Core Total USD Bond Market ETF were worth $66,772,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in IUSB. Creative Planning boosted its position in iShares Core Total USD Bond Market ETF by 8.0% during the third quarter. Creative Planning now owns 54,714 shares of the company’s stock valued at $2,578,000 after purchasing an additional 4,037 shares in the last quarter. McAdam LLC boosted its holdings in shares of iShares Core Total USD Bond Market ETF by 2.0% in the 2nd quarter. McAdam LLC now owns 11,797 shares of the company’s stock valued at $533,000 after buying an additional 227 shares in the last quarter. Western Wealth Management LLC grew its position in shares of iShares Core Total USD Bond Market ETF by 1.5% in the 2nd quarter. Western Wealth Management LLC now owns 40,141 shares of the company’s stock worth $1,815,000 after buying an additional 597 shares during the last quarter. Alternative Investment Advisors LLC. bought a new position in shares of iShares Core Total USD Bond Market ETF during the 2nd quarter worth approximately $1,995,000. Finally, RFG Advisory LLC lifted its position in iShares Core Total USD Bond Market ETF by 14.8% during the third quarter. RFG Advisory LLC now owns 466,345 shares of the company’s stock valued at $21,974,000 after acquiring an additional 60,166 shares during the last quarter.

iShares Core Total USD Bond Market ETF Stock Up 0.2 %

NASDAQ IUSB opened at $45.64 on Wednesday. The firm’s fifty day simple moving average is $46.39 and its two-hundred day simple moving average is $45.96. iShares Core Total USD Bond Market ETF has a 12-month low of $44.15 and a 12-month high of $47.44.

iShares Core Total USD Bond Market ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were paid a dividend of $0.1577 per share. This represents a $1.89 annualized dividend and a yield of 4.15%. This is an increase from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16. The ex-dividend date was Friday, November 1st.

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.