iShares Core 1-5 Year USD Bond ETF $ISTB Shares Purchased by Kestra Advisory Services LLC

Kestra Advisory Services LLC increased its stake in shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 10.5% during the first quarter, Holdings Channel reports. The institutional investor owned 118,298 shares of the company’s stock after acquiring an additional 11,284 shares during the period. Kestra Advisory Services LLC’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $5,733,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Cahaba Wealth Management Inc. boosted its stake in shares of iShares Core 1-5 Year USD Bond ETF by 6.0% during the 1st quarter. Cahaba Wealth Management Inc. now owns 1,128,804 shares of the company’s stock worth $54,702,000 after acquiring an additional 64,238 shares in the last quarter. Wealth Management Resources Inc. increased its stake in iShares Core 1-5 Year USD Bond ETF by 0.4% in the 1st quarter. Wealth Management Resources Inc. now owns 330,044 shares of the company’s stock valued at $15,994,000 after purchasing an additional 1,158 shares in the last quarter. Hunter Associates Investment Management LLC raised its holdings in iShares Core 1-5 Year USD Bond ETF by 7.0% during the first quarter. Hunter Associates Investment Management LLC now owns 478,052 shares of the company’s stock worth $23,152,000 after purchasing an additional 31,449 shares during the last quarter. Turn8 Private Wealth Inc. raised its holdings in iShares Core 1-5 Year USD Bond ETF by 35.3% during the first quarter. Turn8 Private Wealth Inc. now owns 74,100 shares of the company’s stock worth $3,591,000 after purchasing an additional 19,317 shares during the last quarter. Finally, Turtle Creek Wealth Advisors LLC purchased a new stake in iShares Core 1-5 Year USD Bond ETF during the first quarter worth $44,000.

iShares Core 1-5 Year USD Bond ETF Stock Performance

iShares Core 1-5 Year USD Bond ETF stock opened at $48.10 on Thursday. The firm has a market capitalization of $5.08 billion, a price-to-earnings 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 $47.95 and a fifty-two week high of $49.05. The stock’s fifty day moving average is $48.17 and its two-hundred day moving average is $48.48.

iShares Core 1-5 Year USD Bond ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, July 7th. Investors 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.