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Wealth Connect + Brokerage App Launched → Stock Down 13.5% Month Amid Institutional Selling

U.S. Bancorp launched Wealth Connect (team-based advisory, $25K minimum), a no-commission self-directed brokerage platform, and a unified banking-investing app on March 9, targeting retail investors and expanding its digital wealth offerings. The company declared a quarterly common dividend of $0.52 per share payable April 15 to shareholders of record March 31, and CFO John Stern presented at the RBC Global Financial Institutions Conference on March 11. Despite 14 of 15 analysts rating it Buy, the stock has declined 13.5% over the past month to $51 amid sector-wide pressure and institutional trimming by Bank of Montreal and Junto Capital.