Keystone Financial Group Inc. Has $2.17 Million Stock Holdings in iShares Core 1-5 Year USD Bond ETF $ISTB

Keystone Financial Group Inc. increased its stake in shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 11.2% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 44,739 shares of the company’s stock after buying an additional 4,491 shares during the period. iShares Core 1-5 Year USD Bond ETF makes up 1.4% of Keystone Financial Group Inc.’s holdings, making the stock its 19th biggest holding. Keystone Financial Group Inc.’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $2,168,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Pine Haven Investment Counsel Inc grew its holdings in iShares Core 1-5 Year USD Bond ETF by 1.9% during the 2nd quarter. Pine Haven Investment Counsel Inc now owns 16,485 shares of the company’s stock worth $802,000 after acquiring an additional 300 shares during the last quarter. Leavell Investment Management Inc. grew its holdings in iShares Core 1-5 Year USD Bond ETF by 2.3% during the 1st quarter. Leavell Investment Management Inc. now owns 13,463 shares of the company’s stock worth $651,000 after acquiring an additional 309 shares during the last quarter. Lutz Financial Services LLC grew its holdings in iShares Core 1-5 Year USD Bond ETF by 0.4% during the 1st quarter. Lutz Financial Services LLC now owns 91,020 shares of the company’s stock worth $4,401,000 after acquiring an additional 318 shares during the last quarter. SC&H Financial Advisors Inc. grew its holdings in iShares Core 1-5 Year USD Bond ETF by 5.6% during the 1st quarter. SC&H Financial Advisors Inc. now owns 7,325 shares of the company’s stock worth $354,000 after acquiring an additional 386 shares during the last quarter. Finally, Janney Montgomery Scott LLC grew its holdings in iShares Core 1-5 Year USD Bond ETF by 2.5% during the 2nd quarter. Janney Montgomery Scott LLC now owns 17,540 shares of the company’s stock worth $853,000 after acquiring an additional 435 shares during the last quarter.

iShares Core 1-5 Year USD Bond ETF Stock Down 0.0%

Shares of NASDAQ:ISTB opened at $48.75 on Friday. iShares Core 1-5 Year USD Bond ETF has a 12 month low of $47.57 and a 12 month high of $48.98. The company’s 50-day moving average price is $48.73 and its two-hundred day moving average price is $48.44. The firm has a market cap of $4.50 billion, a P/E ratio of 10.99 and a beta of 0.07.

iShares Core 1-5 Year USD Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which will be paid on Monday, October 6th. Shareholders of record on Wednesday, October 1st will be given a dividend of $0.168 per share. The ex-dividend date is Wednesday, October 1st. This represents a c) dividend on an annualized basis and a yield of 4.1%.

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.