Northwestern Mutual Wealth Management Co. Grows Stake in 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 10.2% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 33,421,651 shares of the company’s stock after purchasing an additional 3,083,604 shares during the period. iShares Core Total USD Bond Market ETF accounts for approximately 0.8% of Northwestern Mutual Wealth Management Co.’s investment portfolio, making the stock its 21st biggest holding. Northwestern Mutual Wealth Management Co.’s holdings in iShares Core Total USD Bond Market ETF were worth $1,542,409,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the business. CIBC Private Wealth Group LLC acquired a new position in iShares Core Total USD Bond Market ETF during the 3rd quarter valued at about $27,000. Mcguire Capital Advisors Inc. acquired a new stake in iShares Core Total USD Bond Market ETF in the fourth quarter worth about $30,000. Hurley Capital LLC purchased a new stake in shares of iShares Core Total USD Bond Market ETF during the fourth quarter worth about $33,000. Advocate Investing Services LLC acquired a new position in shares of iShares Core Total USD Bond Market ETF during the first quarter valued at about $42,000. Finally, Financial Freedom LLC acquired a new position in shares of iShares Core Total USD Bond Market ETF during the first quarter valued at about $45,000.

iShares Core Total USD Bond Market ETF Stock Down 0.1%

Shares of iShares Core Total USD Bond Market ETF stock opened at $45.45 on Tuesday. The company has a 50 day moving average price of $45.68 and a 200 day moving average price of $46.07. The firm has a market capitalization of $43.04 billion, a P/E ratio of 10.80 and a beta of 0.26. iShares Core Total USD Bond Market ETF has a 52 week low of $45.32 and a 52 week high of $47.23.

iShares Core Total USD Bond Market ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Thursday, August 6th. Stockholders of record on Monday, August 3rd were paid a dividend of $0.1686 per share. The ex-dividend date was 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.