Diversified Portfolios Inc. Has $33.08 Million Stock Position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Diversified Portfolios Inc. cut its holdings in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 23.4% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 702,030 shares of the company’s stock after selling 214,196 shares during the quarter. iShares Core Total USD Bond Market ETF comprises 3.7% of Diversified Portfolios Inc.’s portfolio, making the stock its 6th biggest holding. Diversified Portfolios Inc. owned 0.10% of iShares Core Total USD Bond Market ETF worth $33,080,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of the business. Creative Planning grew its holdings in shares of 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 purchasing an additional 4,037 shares in the last quarter. McAdam LLC grew its position in iShares Core Total USD Bond Market ETF by 2.0% in the second quarter. McAdam LLC now owns 11,797 shares of the company’s stock valued at $533,000 after acquiring an additional 227 shares during the last quarter. Western Wealth Management LLC lifted its holdings in shares of iShares Core Total USD Bond Market ETF by 1.5% in the second quarter. Western Wealth Management LLC now owns 40,141 shares of the company’s stock worth $1,815,000 after acquiring an additional 597 shares during the last quarter. Alternative Investment Advisors LLC. acquired a new stake in shares of iShares Core Total USD Bond Market ETF in the 2nd quarter valued at approximately $1,995,000. Finally, Benjamin F. Edwards & Company Inc. lifted its stake in iShares Core Total USD Bond Market ETF by 3.6% in the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 10,839 shares of the company’s stock valued at $490,000 after purchasing an additional 374 shares during the last quarter.

iShares Core Total USD Bond Market ETF Stock Performance

Shares of NASDAQ IUSB traded up $0.10 during midday trading on Thursday, reaching $45.64. 1,374,643 shares of the company were exchanged, compared to its average volume of 3,235,250. iShares Core Total USD Bond Market ETF has a one year low of $43.87 and a one year high of $47.44. The stock’s 50-day moving average price is $46.51 and its 200-day moving average price is $45.92.

iShares Core Total USD Bond Market ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were paid a $0.1577 dividend. This is a boost from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16. The ex-dividend date of this dividend was Friday, November 1st. This represents a $1.89 annualized dividend and a dividend yield of 4.15%.

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.