Cahaba Wealth Management Inc. Has $54.70 Million Stock Position in iShares Core 1-5 Year USD Bond ETF $ISTB

Cahaba Wealth Management Inc. raised its position in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 6.0% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,128,804 shares of the company’s stock after buying an additional 64,238 shares during the period. iShares Core 1-5 Year USD Bond ETF accounts for 3.7% of Cahaba Wealth Management Inc.’s investment portfolio, making the stock its 7th biggest holding. Cahaba Wealth Management Inc. owned 1.15% of iShares Core 1-5 Year USD Bond ETF worth $54,702,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of the company. Spire Wealth Management lifted its holdings in iShares Core 1-5 Year USD Bond ETF by 37.5% during the fourth quarter. Spire Wealth Management now owns 800 shares of the company’s stock worth $39,000 after acquiring an additional 218 shares during the period. Turtle Creek Wealth Advisors LLC bought a new position in iShares Core 1-5 Year USD Bond ETF in the 1st quarter valued at $44,000. Rossby Financial LCC grew its stake in iShares Core 1-5 Year USD Bond ETF by 41.7% in the 4th quarter. Rossby Financial LCC now owns 986 shares of the company’s stock valued at $48,000 after purchasing an additional 290 shares during the period. Strive Financial Group LLC purchased a new stake in shares of iShares Core 1-5 Year USD Bond ETF during the 4th quarter valued at $68,000. Finally, Dagco Inc. purchased a new stake in shares of iShares Core 1-5 Year USD Bond ETF during the 4th quarter valued at $97,000.

iShares Core 1-5 Year USD Bond ETF Price Performance

NASDAQ ISTB opened at $48.02 on Thursday. The business’s fifty day moving average is $48.21 and its 200-day moving average is $48.50. The stock has a market capitalization of $5.04 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 $47.98 and a one year high of $49.05.

iShares Core 1-5 Year USD Bond ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, July 7th. Shareholders of record on Wednesday, July 1st were given a $0.1713 dividend. The ex-dividend date of this dividend was Wednesday, July 1st.

iShares Core 1-5 Year USD Bond ETF 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.