Diversified Portfolios Inc. Decreases Stake in iShares Core Total USD Bond Market ETF $IUSB

Diversified Portfolios Inc. cut its stake in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 46.2% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 204,890 shares of the company’s stock after selling 176,088 shares during the quarter. iShares Core Total USD Bond Market ETF makes up approximately 0.8% of Diversified Portfolios Inc.’s portfolio, making the stock its 28th biggest position. Diversified Portfolios Inc.’s holdings in iShares Core Total USD Bond Market ETF were worth $9,570,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Team Financial Group LLC grew its holdings in iShares Core Total USD Bond Market ETF by 54.4% during the 3rd quarter. Team Financial Group LLC now owns 619 shares of the company’s stock worth $29,000 after acquiring an additional 218 shares in the last quarter. Collier Financial acquired a new stake in shares of iShares Core Total USD Bond Market ETF in the 3rd quarter valued at $32,000. Richardson Capital Management LLC purchased a new stake in shares of iShares Core Total USD Bond Market ETF during the 3rd quarter worth $43,000. Compass Financial Services Inc acquired a new position in shares of iShares Core Total USD Bond Market ETF during the third quarter worth $52,000. Finally, Anchor Investment Management LLC acquired a new position in shares of iShares Core Total USD Bond Market ETF during the second quarter worth $51,000.

iShares Core Total USD Bond Market ETF Price Performance

iShares Core Total USD Bond Market ETF stock opened at $46.77 on Thursday. The stock has a market cap of $35.17 billion, a PE ratio of 10.80 and a beta of 0.26. The stock’s fifty day moving average is $46.74 and its two-hundred day moving average is $46.70. iShares Core Total USD Bond Market ETF has a 1-year low of $44.74 and a 1-year high of $47.23.

iShares Core Total USD Bond Market ETF Cuts Dividend

The firm also recently announced a monthly dividend, which will be paid on Thursday, March 5th. Investors of record on Monday, March 2nd will be paid a dividend of $0.1573 per share. The ex-dividend date is Monday, March 2nd. This represents a c) annualized dividend and a yield of 4.0%.

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.