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

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

Other institutional investors have also recently made changes to their positions in the company. Abich Financial Wealth Management LLC bought a new stake in iShares Core Total USD Bond Market ETF during the 3rd quarter worth approximately $25,000. SWAN Capital LLC bought a new stake in shares of iShares Core Total USD Bond Market ETF during the 3rd quarter valued at $25,000. Peterson Financial Group Inc. purchased a new position in shares of iShares Core Total USD Bond Market ETF during the 3rd quarter valued at $30,000. Evermay Wealth Management LLC purchased a new position in shares of iShares Core Total USD Bond Market ETF during the 3rd quarter valued at $31,000. Finally, Darwin Wealth Management LLC purchased a new stake in iShares Core Total USD Bond Market ETF in the 3rd quarter worth $32,000.

iShares Core Total USD Bond Market ETF Trading Down 0.5 %

iShares Core Total USD Bond Market ETF stock 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 firm’s 50 day moving average price is $45.37 and its 200-day moving average price is $46.04.

iShares Core Total USD Bond Market ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were given a $0.1542 dividend. The ex-dividend date 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.