Can't reduce size of Time Capsule Time Machine sparsebundle
I'm having trouble following http://pondini.org/TM/A8.html to reduce the size of a Time Machine sparsebundle image on my Time Capsule (model A1302 with firmware 7.6.8). My machine is a 2016 MacBook Pro running MacOS 10.12.4. The Disk Utility screenshots on the Pondini page differ from what I'm seeing, and when I change the partition size Disk Utility creates a new one called "Untitled" in the vacated space which it won't let me delete without increasing the Time Machine Backups partition back to the full size of the disk, which seems wrong. Am I doing something wrong?
I did some more searching around and found http://hints.macworld.com/article.php?story=20071108020121567 which suggests using "hdiutil resize -size 500g -shrinkonly /Volumes/Network_Drive_Name/path/to/timemachine.sparseimage" instead. This seemed to do the job, but then the sparsebundle pinged back to its original size. I guess Time Machine did it so I need to do the file locking steps recommended by Pondini. Is this a better way to do than Disk Utility now?
Time Capsule 2TB 4th Generation-OTHER, Mac OS X (10.7.2), Time Capsule firmware 7.6