Diversified Portfolios Inc. Trims Holdings in iShares Core Total USD Bond Market ETF $IUSB

Diversified Portfolios Inc. lowered its stake in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 46.2% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 204,890 shares of the company’s stock after selling 176,088 shares during the period. iShares Core Total USD Bond Market ETF accounts for 0.8% of Diversified Portfolios Inc.’s investment portfolio, making the stock its 28th largest position. Diversified Portfolios Inc.’s holdings in iShares Core Total USD Bond Market ETF were worth $9,570,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also modified their holdings of the company. Jones Financial Companies Lllp boosted its position in shares of iShares Core Total USD Bond Market ETF by 6.9% during the 3rd quarter. Jones Financial Companies Lllp now owns 71,364,109 shares of the company’s stock valued at $3,327,011,000 after acquiring an additional 4,589,650 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in iShares Core Total USD Bond Market ETF by 5.8% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 24,317,154 shares of the company’s stock worth $1,124,182,000 after purchasing an additional 1,330,484 shares during the period. JPMorgan Chase & Co. boosted its holdings in iShares Core Total USD Bond Market ETF by 4.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 19,693,393 shares of the company’s stock valued at $919,878,000 after purchasing an additional 911,004 shares during the last quarter. Ameriprise Financial Inc. boosted its holdings in iShares Core Total USD Bond Market ETF by 0.7% in the 2nd quarter. Ameriprise Financial Inc. now owns 10,935,323 shares of the company’s stock valued at $505,179,000 after purchasing an additional 75,856 shares during the last quarter. Finally, SigFig Wealth Management LLC grew its stake in shares of iShares Core Total USD Bond Market ETF by 7.4% in the 3rd quarter. SigFig Wealth Management LLC now owns 4,424,772 shares of the company’s stock valued at $206,681,000 after buying an additional 303,906 shares during the period.

iShares Core Total USD Bond Market ETF Price Performance

Shares of NASDAQ IUSB opened at $46.77 on Thursday. iShares Core Total USD Bond Market ETF has a 1 year low of $44.74 and a 1 year high of $47.23. The company has a market capitalization of $35.17 billion, a P/E ratio of 10.80 and a beta of 0.26. The company has a 50 day simple moving average of $46.74 and a 200-day simple moving average of $46.70.

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. Shareholders of record on Monday, March 2nd will be given a $0.1573 dividend. The ex-dividend date is Monday, March 2nd. This represents a c) dividend on an annualized basis 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.