Northwestern Mutual Wealth Management Co. Purchases 4,724,359 Shares of iShares Core 10+ Year USD Bond ETF $ILTB
by Scott Moore · The Cerbat GemNorthwestern Mutual Wealth Management Co. raised its position in iShares Core 10+ Year USD Bond ETF (NYSEARCA:ILTB – Free Report) by 2,249,694.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 4,724,569 shares of the company’s stock after buying an additional 4,724,359 shares during the quarter. Northwestern Mutual Wealth Management Co. owned about 37.65% of iShares Core 10+ Year USD Bond ETF worth $234,811,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently made changes to their positions in ILTB. AE Wealth Management LLC grew its holdings in shares of iShares Core 10+ Year USD Bond ETF by 12.7% during the 4th quarter. AE Wealth Management LLC now owns 1,221,142 shares of the company’s stock valued at $60,690,000 after purchasing an additional 137,165 shares during the last quarter. UBS Group AG grew its holdings in shares of iShares Core 10+ Year USD Bond ETF by 43.3% during the 4th quarter. UBS Group AG now owns 171,518 shares of the company’s stock valued at $8,524,000 after purchasing an additional 51,786 shares during the last quarter. Truist Financial Corp bought a new stake in shares of iShares Core 10+ Year USD Bond ETF during the 4th quarter valued at approximately $1,601,000. Sound Income Strategies LLC grew its holdings in shares of iShares Core 10+ Year USD Bond ETF by 6,965.0% during the 4th quarter. Sound Income Strategies LLC now owns 32,287 shares of the company’s stock valued at $1,614,000 after purchasing an additional 31,830 shares during the last quarter. Finally, Bank of America Corp DE grew its holdings in shares of iShares Core 10+ Year USD Bond ETF by 1.2% during the 2nd quarter. Bank of America Corp DE now owns 2,103,591 shares of the company’s stock valued at $103,959,000 after purchasing an additional 24,944 shares during the last quarter.
iShares Core 10+ Year USD Bond ETF Stock Down 1.2%
Shares of iShares Core 10+ Year USD Bond ETF stock opened at $48.07 on Friday. The firm’s 50 day moving average is $49.11 and its 200 day moving average is $49.85. iShares Core 10+ Year USD Bond ETF has a 1 year low of $46.83 and a 1 year high of $51.77.
About iShares Core 10+ Year USD Bond ETF
iShares Core Long-Term U.S. Bond ETF (the Fund), formerly iShares 10+ Year Government/Credit Bond Fund, seeks investment results that correspond generally to the price and yield performance of the long-term, investment-grade United States corporate and government bond markets as defined by the BofA Merrill Lynch 10+ Year US Corporate & Government Index (the Index). The Index includes publicly issued United States Treasury debt, the United States Government agency debt, taxable debt issued by the United States states and territories and their political subdivisions, debt issued by the United States and non-United States corporations, non- United States Government debt and supranational debt.
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