Midwest Financial Network LLC Purchases New Stake in iShares Core Total USD Bond Market ETF $IUSB

Midwest Financial Network LLC acquired a new position in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 15,788 shares of the company’s stock, valued at approximately $729,000.

Other hedge funds have also added to or reduced their stakes in the company. Johnson Financial Group Inc. grew its position in shares of iShares Core Total USD Bond Market ETF by 7,027.0% during the 1st quarter. Johnson Financial Group Inc. now owns 5,053,447 shares of the company’s stock valued at $233,419,000 after acquiring an additional 4,982,541 shares during the period. Align Financial LLC bought a new stake in shares of iShares Core Total USD Bond Market ETF in the 4th quarter worth approximately $132,644,000. Northwestern Mutual Wealth Management Co. lifted its stake in iShares Core Total USD Bond Market ETF by 8.8% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 28,622,754 shares of the company’s stock valued at $1,332,103,000 after purchasing an additional 2,324,731 shares during the last quarter. Symmetry Partners LLC bought a new position in iShares Core Total USD Bond Market ETF during the fourth quarter valued at $104,011,000. Finally, Mariner LLC grew its holdings in iShares Core Total USD Bond Market ETF by 15.1% during the fourth quarter. Mariner LLC now owns 16,120,286 shares of the company’s stock valued at $750,239,000 after purchasing an additional 2,115,404 shares during the period.

iShares Core Total USD Bond Market ETF Price Performance

NASDAQ:IUSB opened at $45.57 on Thursday. The business has a fifty day simple moving average of $45.86 and a two-hundred day simple moving average of $46.21. iShares Core Total USD Bond Market ETF has a 1 year low of $45.32 and a 1 year high of $47.23. The company has a market capitalization of $43.15 billion, a P/E ratio of 10.80 and a beta of 0.26.

iShares Core Total USD Bond Market ETF Dividend Announcement

The company also recently declared a dividend, which will be paid on Thursday, August 6th. Stockholders of record on Monday, August 3rd will be paid a dividend of $0.1686 per share. The ex-dividend date is Monday, August 3rd.

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.