Diversified Portfolios Inc. Sells 142,230 Shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Diversified Portfolios Inc. trimmed its stake in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 20.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 559,800 shares of the company’s stock after selling 142,230 shares during the quarter. iShares Core Total USD Bond Market ETF makes up about 2.8% of Diversified Portfolios Inc.’s portfolio, making the stock its 8th largest holding. Diversified Portfolios Inc.’s holdings in iShares Core Total USD Bond Market ETF were worth $25,303,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Charles Schwab Investment Management Inc. boosted its stake in shares of iShares Core Total USD Bond Market ETF by 39.1% during the third quarter. Charles Schwab Investment Management Inc. now owns 9,548 shares of the company’s stock valued at $450,000 after purchasing an additional 2,682 shares in the last quarter. Keystone Financial Group Inc. acquired a new stake in iShares Core Total USD Bond Market ETF during the 4th quarter worth approximately $66,000. Creative Planning grew its holdings in iShares Core Total USD Bond Market ETF by 8.0% during the 3rd quarter. Creative Planning now owns 54,714 shares of the company’s stock worth $2,578,000 after acquiring an additional 4,037 shares during the last quarter. RFG Advisory LLC increased its position in iShares Core Total USD Bond Market ETF by 14.8% in the 3rd quarter. RFG Advisory LLC now owns 466,345 shares of the company’s stock valued at $21,974,000 after acquiring an additional 60,166 shares during the period. Finally, Beaird Harris Wealth Management LLC raised its stake in shares of iShares Core Total USD Bond Market ETF by 168.4% during the third quarter. Beaird Harris Wealth Management LLC now owns 942 shares of the company’s stock valued at $44,000 after acquiring an additional 591 shares during the last quarter.

iShares Core Total USD Bond Market ETF Trading Down 0.2 %

Shares of NASDAQ:IUSB opened at $45.38 on Wednesday. iShares Core Total USD Bond Market ETF has a 52 week low of $44.21 and a 52 week high of $47.44. The firm’s fifty day moving average is $45.38 and its 200-day moving average is $46.04.

iShares Core Total USD Bond Market ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were given a $0.1542 dividend. The ex-dividend date of this dividend was Monday, February 3rd.

iShares Core Total USD Bond Market ETF 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.