Crestwood Advisors Group LLC Boosts Stock Position in iShares Core 1-5 Year USD Bond ETF $ISTB

Crestwood Advisors Group LLC raised its holdings in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 543.6% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 116,824 shares of the company’s stock after purchasing an additional 98,672 shares during the period. Crestwood Advisors Group LLC’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $5,706,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. CoreCap Advisors LLC raised its holdings in iShares Core 1-5 Year USD Bond ETF by 174.1% in the third quarter. CoreCap Advisors LLC now owns 721 shares of the company’s stock valued at $35,000 after acquiring an additional 458 shares in the last quarter. Twin Peaks Wealth Advisors LLC bought a new stake in shares of iShares Core 1-5 Year USD Bond ETF in the 2nd quarter worth about $37,000. Rothschild Investment LLC increased its position in shares of iShares Core 1-5 Year USD Bond ETF by 41.8% in the 3rd quarter. Rothschild Investment LLC now owns 1,695 shares of the company’s stock worth $83,000 after purchasing an additional 500 shares during the last quarter. Assetmark Inc. raised its stake in shares of iShares Core 1-5 Year USD Bond ETF by 1,394.0% in the 2nd quarter. Assetmark Inc. now owns 1,748 shares of the company’s stock valued at $85,000 after purchasing an additional 1,631 shares in the last quarter. Finally, Bfsg LLC lifted its position in shares of iShares Core 1-5 Year USD Bond ETF by 7.4% during the third quarter. Bfsg LLC now owns 3,196 shares of the company’s stock worth $156,000 after purchasing an additional 219 shares during the last quarter.

iShares Core 1-5 Year USD Bond ETF Stock Performance

NASDAQ:ISTB opened at $48.93 on Wednesday. The company has a market capitalization of $4.78 billion, a price-to-earnings ratio of 10.99 and a beta of 0.11. iShares Core 1-5 Year USD Bond ETF has a one year low of $47.77 and a one year high of $48.99. The stock has a 50-day simple moving average of $48.78 and a 200 day simple moving average of $48.79.

iShares Core 1-5 Year USD Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were issued a $0.1724 dividend. This is a positive change from iShares Core 1-5 Year USD Bond ETF’s previous monthly dividend of $0.17. The ex-dividend date was Monday, February 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%.

iShares Core 1-5 Year USD Bond ETF Company Profile

The iShares Core 1-5 Year USD Bond ETF (ISTB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks a broad USD-denominated bond index with 1-5 years remaining in maturities. ISTB was launched on Oct 18, 2012 and is managed by BlackRock.