Northwestern Mutual Wealth Management Co. Acquires 2,324,731 Shares of iShares Core Total USD Bond Market ETF $IUSB

Northwestern Mutual Wealth Management Co. raised its holdings in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 8.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 28,622,754 shares of the company’s stock after purchasing an additional 2,324,731 shares during the period. iShares Core Total USD Bond Market ETF accounts for about 0.8% of Northwestern Mutual Wealth Management Co.’s holdings, making the stock its 20th largest holding. Northwestern Mutual Wealth Management Co. owned about 3.81% of iShares Core Total USD Bond Market ETF worth $1,332,103,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Moors & Cabot Inc. raised its holdings in iShares Core Total USD Bond Market ETF by 2.9% in the 4th quarter. Moors & Cabot Inc. now owns 25,322 shares of the company’s stock worth $1,178,000 after purchasing an additional 721 shares in the last quarter. Foundations Investment Advisors LLC raised its holdings in iShares Core Total USD Bond Market ETF by 2.8% in the 4th quarter. Foundations Investment Advisors LLC now owns 3,362,415 shares of the company’s stock worth $156,487,000 after purchasing an additional 90,301 shares in the last quarter. Baker Avenue Asset Management LP raised its holdings in iShares Core Total USD Bond Market ETF by 12.0% in the 4th quarter. Baker Avenue Asset Management LP now owns 1,431,399 shares of the company’s stock worth $66,617,000 after purchasing an additional 152,997 shares in the last quarter. Godfrey Financial Associates Inc. bought a new position in iShares Core Total USD Bond Market ETF in the 4th quarter worth $117,000. Finally, IFG Advisory LLC raised its holdings in iShares Core Total USD Bond Market ETF by 1.2% in the 4th quarter. IFG Advisory LLC now owns 74,825 shares of the company’s stock worth $3,482,000 after purchasing an additional 871 shares in the last quarter.

iShares Core Total USD Bond Market ETF Trading Up 0.3%

Shares of NASDAQ IUSB opened at $46.18 on Friday. iShares Core Total USD Bond Market ETF has a 12 month low of $45.33 and a 12 month high of $47.23. The firm has a market capitalization of $36.54 billion, a PE ratio of 10.80 and a beta of 0.27. The firm has a fifty day simple moving average of $46.13 and a two-hundred day simple moving average of $46.50.

iShares Core Total USD Bond Market ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Wednesday, May 6th. Stockholders of record on Friday, May 1st were given a $0.1629 dividend. The ex-dividend date of this dividend was Friday, May 1st. This represents a c) annualized dividend and a dividend yield of 4.2%.

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.