iShares Core 1-5 Year USD Bond ETF $ISTB Shares Acquired by Destination Wealth Management

Destination Wealth Management boosted its position in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTBFree Report) by 5.6% in the fourth quarter, HoldingsChannel.com reports. The firm owned 612,783 shares of the company’s stock after purchasing an additional 32,589 shares during the quarter. Destination Wealth Management’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $29,873,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. PFG Advisors acquired a new stake in iShares Core 1-5 Year USD Bond ETF during the 4th quarter valued at $819,000. Cahaba Wealth Management Inc. boosted its holdings in iShares Core 1-5 Year USD Bond ETF by 6.7% in the fourth quarter. Cahaba Wealth Management Inc. now owns 1,064,566 shares of the company’s stock worth $51,898,000 after purchasing an additional 66,931 shares in the last quarter. Bartlett & CO. Wealth Management LLC boosted its holdings in iShares Core 1-5 Year USD Bond ETF by 31.9% in the fourth quarter. Bartlett & CO. Wealth Management LLC now owns 556,170 shares of the company’s stock worth $27,113,000 after purchasing an additional 134,574 shares in the last quarter. Apella Capital LLC boosted its holdings in iShares Core 1-5 Year USD Bond ETF by 15.1% during the fourth quarter. Apella Capital LLC now owns 814,422 shares of the company’s stock valued at $39,703,000 after acquiring an additional 106,752 shares during the period. Finally, Chatterton & Associates Inc. bought a new stake in iShares Core 1-5 Year USD Bond ETF during the fourth quarter valued at about $2,161,000.

iShares Core 1-5 Year USD Bond ETF Price Performance

ISTB stock opened at $48.18 on Friday. iShares Core 1-5 Year USD Bond ETF has a 52-week low of $48.02 and a 52-week high of $49.05. The company has a 50-day moving average of $48.31 and a two-hundred day moving average of $48.58. The stock has a market capitalization of $4.72 billion, a price-to-earnings ratio of 10.99 and a beta of 0.11.

iShares Core 1-5 Year USD Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were issued a dividend of $0.172 per share. This represents a c) dividend on an annualized basis and a yield of 4.3%. The ex-dividend date was Monday, June 1st.

iShares Core 1-5 Year USD Bond ETF Company Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding ISTB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTBFree Report).

Institutional Ownership by Quarter for iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB)

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