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

Pinnacle Bancorp Inc. cut its position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 14.7% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 5,871 shares of the company’s stock after selling 1,009 shares during the period. 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.

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

iShares Core Total USD Bond Market ETF Trading Up 0.8 %

iShares Core Total USD Bond Market ETF stock opened at $45.10 on Thursday. The company’s 50 day moving average is $45.53 and its two-hundred day moving average is $46.06. iShares Core Total USD Bond Market ETF has a 52-week low of $44.21 and a 52-week high of $47.44.

iShares Core Total USD Bond Market ETF Increases Dividend

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

iShares Core Total USD Bond Market ETF Company 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.