Midwest Financial Network LLC Invests $729,000 in iShares Core Total USD Bond Market ETF $IUSB

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

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Wells Fargo & Company MN increased its stake in shares of iShares Core Total USD Bond Market ETF by 2.9% in the 4th quarter. Wells Fargo & Company MN now owns 47,946,578 shares of the company’s stock valued at $2,231,434,000 after acquiring an additional 1,331,490 shares in the last quarter. LPL Financial LLC boosted its position in shares of iShares Core Total USD Bond Market ETF by 2.2% during the 4th quarter. LPL Financial LLC now owns 45,507,455 shares of the company’s stock worth $2,117,917,000 after purchasing an additional 966,130 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings 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 worth $1,332,103,000 after acquiring an additional 2,324,731 shares in the last quarter. Morgan Stanley grew its position in iShares Core Total USD Bond Market ETF by 8.5% in the 4th quarter. Morgan Stanley now owns 24,700,344 shares of the company’s stock valued at $1,149,554,000 after purchasing an additional 1,931,838 shares during the period. Finally, CWM LLC grew its holdings in shares of iShares Core Total USD Bond Market ETF by 0.5% during the fourth quarter. CWM LLC now owns 17,194,171 shares of the company’s stock valued at $800,217,000 after buying an additional 85,428 shares during the last quarter.

iShares Core Total USD Bond Market ETF Stock Up 0.0%

IUSB stock opened at $45.57 on Thursday. The firm has a market capitalization of $43.15 billion, a PE ratio of 10.80 and a beta of 0.26. The stock’s 50 day moving average is $45.86 and its 200-day moving average is $46.21. iShares Core Total USD Bond Market ETF has a twelve month low of $45.32 and a twelve month high of $47.23.

iShares Core Total USD Bond Market ETF Dividend Announcement

The firm also recently disclosed a dividend, which will be paid on Thursday, August 6th. Shareholders of record on Monday, August 3rd will be given a $0.1686 dividend. The ex-dividend date of this dividend is Monday, August 3rd.

iShares Core Total USD Bond Market ETF 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.