PNC Financial Services Group Inc. Grows Stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

PNC Financial Services Group Inc. grew its holdings in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 1.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,439,055 shares of the company’s stock after purchasing an additional 21,991 shares during the period. PNC Financial Services Group Inc. owned approximately 0.20% of iShares Core Total USD Bond Market ETF worth $65,045,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the business. LPL Financial LLC boosted its holdings in iShares Core Total USD Bond Market ETF by 20.3% in the third quarter. LPL Financial LLC now owns 39,330,716 shares of the company’s stock worth $1,853,263,000 after acquiring an additional 6,632,679 shares in the last quarter. Jones Financial Companies Lllp raised its position in shares of iShares Core Total USD Bond Market ETF by 12.2% in the 4th quarter. Jones Financial Companies Lllp now owns 60,525,582 shares of the company’s stock valued at $2,735,756,000 after purchasing an additional 6,586,279 shares during the last quarter. Life Planning Partners Inc boosted its stake in iShares Core Total USD Bond Market ETF by 4,352.9% in the 4th quarter. Life Planning Partners Inc now owns 4,380,903 shares of the company’s stock worth $198,017,000 after purchasing an additional 4,282,520 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in iShares Core Total USD Bond Market ETF in the 4th quarter worth approximately $183,980,000. Finally, JPMorgan Chase & Co. grew its position in iShares Core Total USD Bond Market ETF by 14.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 20,716,912 shares of the company’s stock worth $976,181,000 after purchasing an additional 2,651,218 shares during the last quarter.

iShares Core Total USD Bond Market ETF Trading Down 0.1 %

NASDAQ IUSB opened at $45.83 on Friday. iShares Core Total USD Bond Market ETF has a 12-month low of $44.21 and a 12-month high of $47.44. The company has a fifty day simple moving average of $45.43 and a two-hundred day simple moving average of $45.97. The stock has a market cap of $32.60 billion, a P/E ratio of 16.77 and a beta of 0.15.

iShares Core Total USD Bond Market ETF Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were paid a $0.1553 dividend. This is a positive change from iShares Core Total USD Bond Market ETF’s previous dividend of $0.15. The ex-dividend date of this dividend was Monday, March 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.