Citizens & Northern Corp Buys New Position in iShares Core Total USD Bond Market ETF $IUSB

Citizens & Northern Corp bought a new position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 16,439 shares of the company’s stock, valued at approximately $725,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. GK Wealth Management LLC bought a new stake in shares of iShares Core Total USD Bond Market ETF in the 3rd quarter worth $26,000. Team Financial Group LLC acquired a new stake in shares of iShares Core Total USD Bond Market ETF in the third quarter valued at $27,000. JNBA Financial Advisors acquired a new stake in shares of iShares Core Total USD Bond Market ETF in the second quarter valued at $32,000. Independence Bank of Kentucky acquired a new stake in shares of iShares Core Total USD Bond Market ETF in the third quarter valued at $50,000. Finally, Oakworth Capital Inc. bought a new position in iShares Core Total USD Bond Market ETF during the second quarter valued at about $54,000.

iShares Core Total USD Bond Market ETF Stock Down 0.6%

Shares of IUSB stock opened at $44.38 on Friday. The stock has a 50-day simple moving average of $44.58 and a 200 day simple moving average of $45.72. The stock has a market capitalization of $49.83 billion, a P/E ratio of 10.80 and a beta of 0.27. iShares Core Total USD Bond Market ETF has a fifty-two week low of $43.75 and a fifty-two week high of $47.23.

iShares Core Total USD Bond Market ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, November 5th. Shareholders of record on Monday, November 2nd were issued a $0.1718 dividend. This represents a $2.06 dividend on an annualized basis and a yield of 4.6%. The ex-dividend date of this dividend was Monday, November 2nd. This is a positive change from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.1544.

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.