Lane Brothers & Co. Inc. acquired a new stake in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB – Free Report) in the fourth quarter, HoldingsChannel.com reports. The institutional investor acquired 11,734 shares of the company’s stock, valued at approximately $546,000.
Several other hedge funds have also added to or reduced their stakes in IUSB. Align Financial LLC bought a new position in iShares Core Total USD Bond Market ETF during the fourth quarter worth about $132,644,000. Northwestern Mutual Wealth Management Co. increased its holdings in shares of 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. Symmetry Partners LLC bought a new stake in shares of iShares Core Total USD Bond Market ETF in the fourth quarter worth about $104,011,000. Mariner LLC raised its position in shares of 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 worth $750,239,000 after purchasing an additional 2,115,404 shares during the period. Finally, Morgan Stanley raised its position in shares of iShares Core Total USD Bond Market ETF by 8.5% during the fourth quarter. Morgan Stanley now owns 24,700,344 shares of the company’s stock worth $1,149,554,000 after purchasing an additional 1,931,838 shares during the period.
iShares Core Total USD Bond Market ETF Price Performance
NASDAQ:IUSB opened at $46.12 on Friday. The business’s 50-day simple moving average is $46.10 and its 200-day simple moving average is $46.41. iShares Core Total USD Bond Market ETF has a fifty-two week low of $45.47 and a fifty-two week high of $47.23. The stock has a market capitalization of $36.49 billion, a PE ratio of 10.80 and a beta of 0.26.
iShares Core Total USD Bond Market ETF Cuts Dividend
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.
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Want to see what other hedge funds are holding IUSB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Core Total USD Bond Market ETF (NASDAQ:IUSB – Free Report).
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