Bondbloxx ETF Trust - Bondbloxx USD High Yield Sector Rotation ETF Price & Performance (HYSA)

Truist Financial Corp has increased its holdings in Sun Life Financial by 8.7% during the fourth quarter, acquiring an additional 629 shares. This move brings Truist's total stake to 7,838 shares, valued at $465,000. The financial services provider has seen increased interest from institutional investors, with over half of its stock owned by such entities.1

Recent analyst ratings for Sun Life Financial have varied, with StockNews.com downgrading the stock to a 'hold,' while National Bank Financial and Cormark upgraded it to 'outperform' and 'moderate buy,' respectively. The stock currently holds a 'Moderate Buy' consensus rating, reflecting mixed sentiment regarding its growth potential.1

Sun Life Financial has declared a quarterly dividend of $0.5876 per share, payable on March 31. This represents an annualized dividend yield of 4.21%. However, the company's payout ratio stands at 60.16%, signaling a cautious approach to its financial distributions amidst ongoing market evaluations.1