Northwestern Mutual Wealth Management Co. Sells 177,203 Shares of iShares Advantage Large Cap Income ETF $BALI

Northwestern Mutual Wealth Management Co. cut its stake in iShares Advantage Large Cap Income ETF (BATS:BALI) by 64.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 98,375 shares of the company’s stock after selling 177,203 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in iShares Advantage Large Cap Income ETF were worth $3,117,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Spire Wealth Management grew its stake in shares of iShares Advantage Large Cap Income ETF by 978.7% in the fourth quarter. Spire Wealth Management now owns 2,837 shares of the company’s stock worth $90,000 after acquiring an additional 2,574 shares during the period. NewEdge Advisors LLC grew its stake in shares of iShares Advantage Large Cap Income ETF by 6.4% in the first quarter. NewEdge Advisors LLC now owns 6,533 shares of the company’s stock worth $188,000 after acquiring an additional 394 shares during the period. High Falls Advisors Inc bought a new stake in shares of iShares Advantage Large Cap Income ETF in the second quarter worth approximately $201,000. Truist Financial Corp bought a new stake in shares of iShares Advantage Large Cap Income ETF in the fourth quarter worth approximately $202,000. Finally, Tennessee Valley Asset Management Partners bought a new stake in shares of iShares Advantage Large Cap Income ETF in the third quarter worth approximately $203,000.

iShares Advantage Large Cap Income ETF Price Performance

Shares of BALI stock opened at $33.96 on Tuesday. The company has a 50 day moving average price of $32.18 and a 200-day moving average price of $31.97. iShares Advantage Large Cap Income ETF has a 52 week low of $28.53 and a 52 week high of $34.07. The firm has a market capitalization of $36.68 million, a PE ratio of 23.77 and a beta of 0.85.

iShares Advantage Large Cap Income ETF Profile

The BlackRock Advantage Large Cap Income ETF (BALI) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed ETF that holds a portfolio of US large-cap equity securities. The fund seeks to achieve its investment objective by utilizing proprietary return forecast models combined with quantitative analysis methods BALI was launched on Sep 26, 2023 and is issued by BlackRock.