FPC Investment Advisory Inc. Has $31.73 Million Stock Holdings in iShares Core 1-5 Year USD Bond ETF $ISTB

FPC Investment Advisory Inc. grew its stake in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 8.0% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 653,483 shares of the company’s stock after purchasing an additional 48,206 shares during the period. iShares Core 1-5 Year USD Bond ETF makes up approximately 12.6% of FPC Investment Advisory Inc.’s holdings, making the stock its 3rd largest holding. FPC Investment Advisory Inc. owned approximately 0.67% of iShares Core 1-5 Year USD Bond ETF worth $31,733,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in ISTB. PFG Advisors acquired a new position in iShares Core 1-5 Year USD Bond ETF during the 4th quarter valued at about $819,000. Cahaba Wealth Management Inc. grew its position in shares of iShares Core 1-5 Year USD Bond ETF by 6.7% during the 4th quarter. Cahaba Wealth Management Inc. now owns 1,064,566 shares of the company’s stock worth $51,898,000 after buying an additional 66,931 shares during the period. Bartlett & CO. Wealth Management LLC raised its stake in shares of iShares Core 1-5 Year USD Bond ETF by 31.9% during the fourth quarter. Bartlett & CO. Wealth Management LLC now owns 556,170 shares of the company’s stock worth $27,113,000 after buying an additional 134,574 shares during the last quarter. Townsend & Associates Inc raised its stake in shares of iShares Core 1-5 Year USD Bond ETF by 1.5% during the fourth quarter. Townsend & Associates Inc now owns 1,166,721 shares of the company’s stock worth $56,866,000 after buying an additional 17,652 shares during the last quarter. Finally, Apella Capital LLC lifted its holdings in iShares Core 1-5 Year USD Bond ETF by 15.1% in the fourth quarter. Apella Capital LLC now owns 814,422 shares of the company’s stock valued at $39,703,000 after buying an additional 106,752 shares during the period.

iShares Core 1-5 Year USD Bond ETF Stock Performance

Shares of ISTB stock opened at $48.03 on Monday. The firm’s 50 day moving average price is $48.19 and its two-hundred day moving average price is $48.49. iShares Core 1-5 Year USD Bond ETF has a 52-week low of $47.98 and a 52-week high of $49.05. The stock has a market cap of $5.06 billion, a PE ratio of 10.99 and a beta of 0.11.

iShares Core 1-5 Year USD Bond ETF Cuts Dividend

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

About iShares Core 1-5 Year USD Bond ETF

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.