Pinnacle Bancorp Inc. Trims Holdings in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Pinnacle Bancorp Inc. reduced its stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 14.7% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 5,871 shares of the company’s stock after selling 1,009 shares during the quarter. Pinnacle Bancorp Inc.’s holdings in iShares Core Total USD Bond Market ETF were worth $265,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Cliftonlarsonallen Wealth Advisors LLC grew its holdings in shares of iShares Core Total USD Bond Market ETF by 18.3% in the fourth quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 67,449 shares of the company’s stock valued at $3,049,000 after purchasing an additional 10,418 shares during the period. Apella Capital LLC boosted its holdings in iShares Core Total USD Bond Market ETF by 198.4% in the 4th quarter. Apella Capital LLC now owns 125,689 shares of the company’s stock valued at $5,681,000 after purchasing an additional 83,568 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. grew its stake in shares of iShares Core Total USD Bond Market ETF by 533.3% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,311 shares of the company’s stock valued at $59,000 after buying an additional 1,104 shares during the period. Pines Wealth Management LLC acquired a new stake in shares of iShares Core Total USD Bond Market ETF during the 4th quarter worth approximately $2,933,000. Finally, Accurate Wealth Management LLC raised its position in shares of iShares Core Total USD Bond Market ETF by 1.8% during the 4th quarter. Accurate Wealth Management LLC now owns 22,721 shares of the company’s stock valued at $1,017,000 after buying an additional 403 shares during the period.

iShares Core Total USD Bond Market ETF Trading Up 0.8 %

Shares of iShares Core Total USD Bond Market ETF stock opened at $45.10 on Thursday. The stock has a 50 day moving average of $45.53 and a 200 day moving average of $46.06. iShares Core Total USD Bond Market ETF has a fifty-two week low of $44.21 and a fifty-two week high of $47.44.

iShares Core Total USD Bond Market ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were given a dividend of $0.1605 per share. This represents a $1.93 dividend on an annualized basis and a dividend yield of 4.27%. This is an increase from iShares Core Total USD Bond Market ETF’s previous monthly dividend of $0.16. The ex-dividend date of this dividend was Wednesday, December 18th.

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.