Focus Partners Advisor Solutions LLC Boosts Stock Position in iShares Core 1-5 Year USD Bond ETF $ISTB

Focus Partners Advisor Solutions LLC increased its stake in shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 123.0% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 148,168 shares of the company’s stock after acquiring an additional 81,731 shares during the quarter. Focus Partners Advisor Solutions LLC’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $7,222,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in ISTB. Gilbert Capital Group Inc. purchased a new stake in iShares Core 1-5 Year USD Bond ETF in the 2nd quarter valued at about $6,749,000. CreativeOne Wealth LLC purchased a new stake in shares of iShares Core 1-5 Year USD Bond ETF in the 2nd quarter valued at approximately $510,000. Clune & Associates LTD. lifted its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 14.7% in the 3rd quarter. Clune & Associates LTD. now owns 171,658 shares of the company’s stock worth $8,384,000 after acquiring an additional 21,938 shares during the last quarter. Courage Miller Partners LLC lifted its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 7.9% in the 3rd quarter. Courage Miller Partners LLC now owns 550,008 shares of the company’s stock worth $26,861,000 after acquiring an additional 40,216 shares during the last quarter. Finally, Geneos Wealth Management Inc. boosted its position in shares of iShares Core 1-5 Year USD Bond ETF by 2.4% during the 2nd quarter. Geneos Wealth Management Inc. now owns 502,761 shares of the company’s stock worth $24,459,000 after purchasing an additional 11,785 shares during the period.

iShares Core 1-5 Year USD Bond ETF Stock Performance

iShares Core 1-5 Year USD Bond ETF stock opened at $48.75 on Wednesday. The company has a market capitalization of $4.76 billion, a PE ratio of 10.99 and a beta of 0.11. iShares Core 1-5 Year USD Bond ETF has a fifty-two week low of $47.77 and a fifty-two week high of $49.05. The firm has a 50 day moving average price of $48.81 and a 200 day moving average price of $48.81.

iShares Core 1-5 Year USD Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which will be paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd will be given a $0.1656 dividend. This represents a c) annualized dividend and a yield of 4.1%. The ex-dividend date of this dividend is Monday, March 2nd.

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.