Diversified Portfolios Inc. Has $25.30 Million Holdings in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Diversified Portfolios Inc. lowered its stake in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 20.3% during the fourth quarter, according to its most recent Form 13F 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 comprises approximately 2.8% of Diversified Portfolios Inc.’s investment portfolio, making the stock its 8th biggest position. Diversified Portfolios Inc. owned about 0.08% of iShares Core Total USD Bond Market ETF worth $25,303,000 as of its most recent SEC filing.

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

iShares Core Total USD Bond Market ETF Price Performance

Shares of NASDAQ:IUSB opened at $45.38 on Wednesday. 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’s 50 day simple moving average is $45.38 and its 200 day simple moving average is $46.04.

iShares Core Total USD Bond Market ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were issued a dividend of $0.1542 per share. 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.