Northwest Capital Management Inc Reduces Stock Position in iShares Core Total USD Bond Market ETF (NASDAQ:IUSB)

Northwest Capital Management Inc decreased its position in shares of iShares Core Total USD Bond Market ETF (NASDAQ:IUSB) by 12.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 45,972 shares of the company’s stock after selling 6,590 shares during the quarter. iShares Core Total USD Bond Market ETF accounts for about 0.9% of Northwest Capital Management Inc’s holdings, making the stock its 24th biggest position. Northwest Capital Management Inc’s holdings in iShares Core Total USD Bond Market ETF were worth $2,078,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Abich Financial Wealth Management LLC purchased a new position in iShares Core Total USD Bond Market ETF during the 3rd quarter valued at about $25,000. SWAN Capital LLC acquired a new stake in shares of iShares Core Total USD Bond Market ETF in the third quarter valued at approximately $25,000. Peterson Financial Group Inc. purchased a new position in shares of iShares Core Total USD Bond Market ETF during the 3rd quarter worth approximately $30,000. Evermay Wealth Management LLC acquired a new position in shares of iShares Core Total USD Bond Market ETF during the 3rd quarter worth approximately $31,000. Finally, Darwin Wealth Management LLC purchased a new stake in iShares Core Total USD Bond Market ETF in the 3rd quarter valued at approximately $32,000.

iShares Core Total USD Bond Market ETF Price Performance

iShares Core Total USD Bond Market ETF stock opened at $45.71 on Monday. iShares Core Total USD Bond Market ETF has a fifty-two week low of $44.21 and a fifty-two week high of $47.44. The stock has a fifty day moving average of $45.28 and a two-hundred day moving average of $46.00.

iShares Core Total USD Bond Market ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were given a dividend of $0.1542 per share. The ex-dividend date of this dividend was Monday, February 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.