Morris Financial Concepts Inc. Sells 7,012 Shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Posted by Matthew Jenks on Feb 13th, 2025

Morris Financial Concepts Inc. reduced its stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB – Free Report) by 25.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,976 shares of the company’s stock after selling 7,012 shares during the period. Morris Financial Concepts Inc.’s holdings in iShares Core Total USD Bond Market ETF were worth $948,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the stock. SWAN Capital LLC purchased a new stake in shares of iShares Core Total USD Bond Market ETF in the third quarter valued at approximately $25,000. Abich Financial Wealth Management LLC bought a new stake in iShares Core Total USD Bond Market ETF during the 3rd quarter valued at $25,000. Peterson Financial Group Inc. purchased a new stake in shares of iShares Core Total USD Bond Market ETF in the 3rd quarter worth $30,000. Evermay Wealth Management LLC bought a new position in shares of iShares Core Total USD Bond Market ETF during the 3rd quarter worth $31,000. Finally, Darwin Wealth Management LLC purchased a new position in shares of iShares Core Total USD Bond Market ETF during the third quarter valued at $32,000.

iShares Core Total USD Bond Market ETF Stock Down 0.5 %

NASDAQ:IUSB opened at $45.17 on Thursday. iShares Core Total USD Bond Market ETF has a 1-year low of $44.21 and a 1-year high of $47.44. The company has a 50-day moving average of $45.37 and a 200 day moving average of $46.04.

iShares Core Total USD Bond Market ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were paid a dividend of $0.1542 per share. The ex-dividend date of this dividend was Monday, February 3rd.

iShares Core Total USD Bond Market ETF Profile

(Free Report)

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.