PNC Financial Services Group Inc. Raises Position in iShares Core Total USD Bond Market ETF (IUSB)

PNC Financial Services Group Inc. increased its stake in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 11.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,131,477 shares of the company’s stock after buying an additional 114,990 shares during the period. PNC Financial Services Group Inc. owned 2.40% of iShares Core Total USD Bond Market ETF worth $55,601,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of IUSB. Stratos Wealth Partners LTD. bought a new stake in iShares Core Total USD Bond Market ETF during the 3rd quarter worth about $104,000. Massey Quick Simon & CO. LLC bought a new stake in iShares Core Total USD Bond Market ETF during the 2nd quarter worth about $112,000. Advisory Services Network LLC raised its holdings in iShares Core Total USD Bond Market ETF by 1,318.0% during the 2nd quarter. Advisory Services Network LLC now owns 2,283 shares of the company’s stock worth $113,000 after purchasing an additional 2,122 shares during the last quarter. Asset Dedication LLC bought a new stake in iShares Core Total USD Bond Market ETF during the 2nd quarter worth about $118,000. Finally, Jacobson & Schmitt Advisors LLC raised its holdings in iShares Core Total USD Bond Market ETF by 1,522.9% during the 2nd quarter. Jacobson & Schmitt Advisors LLC now owns 4,252 shares of the company’s stock worth $210,000 after purchasing an additional 3,990 shares during the last quarter.

Shares of NASDAQ:IUSB opened at $48.61 on Friday. iShares Core Total USD Bond Market ETF has a 1-year low of $48.34 and a 1-year high of $51.08.

The company also recently disclosed a monthly dividend, which was paid on Wednesday, November 7th. Shareholders of record on Friday, November 2nd were issued a dividend of $0.1356 per share. This is a boost from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.13. This represents a $1.63 annualized dividend and a yield of 3.35%. The ex-dividend date was Thursday, November 1st.

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Institutional Ownership by Quarter for iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

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