iShares Core 1-5 Year USD Bond ETF $ISTB Stake Raised by FPC Investment Advisory Inc.

FPC Investment Advisory Inc. grew its stake in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 7.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 605,277 shares of the company’s stock after purchasing an additional 41,546 shares during the period. iShares Core 1-5 Year USD Bond ETF comprises approximately 16.2% of FPC Investment Advisory Inc.’s investment portfolio, making the stock its largest holding. FPC Investment Advisory Inc. owned 0.62% of iShares Core 1-5 Year USD Bond ETF worth $29,507,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of the stock. Concurrent Investment Advisors LLC boosted its position in iShares Core 1-5 Year USD Bond ETF by 4.8% in the 4th quarter. Concurrent Investment Advisors LLC now owns 4,530 shares of the company’s stock worth $221,000 after purchasing an additional 206 shares in the last quarter. Evensky & Katz LLC boosted its position in iShares Core 1-5 Year USD Bond ETF by 1.6% in the 4th quarter. Evensky & Katz LLC now owns 13,241 shares of the company’s stock worth $646,000 after purchasing an additional 208 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in iShares Core 1-5 Year USD Bond ETF by 1.4% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 15,426 shares of the company’s stock worth $753,000 after purchasing an additional 208 shares in the last quarter. Spire Wealth Management boosted its position in iShares Core 1-5 Year USD Bond ETF by 37.5% in the 4th quarter. Spire Wealth Management now owns 800 shares of the company’s stock worth $39,000 after purchasing an additional 218 shares in the last quarter. Finally, Centaurus Financial Inc. boosted its position in iShares Core 1-5 Year USD Bond ETF by 7.6% in the 3rd quarter. Centaurus Financial Inc. now owns 3,759 shares of the company’s stock worth $184,000 after purchasing an additional 265 shares in the last quarter.

iShares Core 1-5 Year USD Bond ETF Trading Up 0.0%

iShares Core 1-5 Year USD Bond ETF stock opened at $48.29 on Thursday. iShares Core 1-5 Year USD Bond ETF has a 12 month low of $48.03 and a 12 month high of $49.05. The stock’s 50 day simple moving average is $48.37 and its two-hundred day simple moving average is $48.63. The firm has a market cap of $4.73 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 disclosed a monthly dividend, which was paid on Wednesday, May 6th. Shareholders of record on Friday, May 1st were given a $0.1722 dividend. This represents a c) annualized dividend and a yield of 4.3%. The ex-dividend date was Friday, May 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.