Turn8 Private Wealth Inc. Increases Stock Holdings in iShares Core 1-5 Year USD Bond ETF $ISTB

Turn8 Private Wealth Inc. grew its stake in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 35.3% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 74,100 shares of the company’s stock after purchasing an additional 19,317 shares during the period. iShares Core 1-5 Year USD Bond ETF makes up approximately 2.2% of Turn8 Private Wealth Inc.’s portfolio, making the stock its 23rd biggest holding. Turn8 Private Wealth Inc.’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $3,591,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of ISTB. Spire Wealth Management lifted its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 37.5% during the fourth quarter. Spire Wealth Management now owns 800 shares of the company’s stock worth $39,000 after purchasing an additional 218 shares during the period. Turtle Creek Wealth Advisors LLC purchased a new position in iShares Core 1-5 Year USD Bond ETF in the 1st quarter valued at $44,000. Rossby Financial LCC increased its stake in iShares Core 1-5 Year USD Bond ETF by 41.7% in the 4th quarter. Rossby Financial LCC now owns 986 shares of the company’s stock valued at $48,000 after buying an additional 290 shares during the period. Strive Financial Group LLC acquired a new position in iShares Core 1-5 Year USD Bond ETF in the 4th quarter valued at $68,000. Finally, Dagco Inc. purchased a new position in iShares Core 1-5 Year USD Bond ETF during the 4th quarter worth $97,000.

iShares Core 1-5 Year USD Bond ETF Stock Performance

ISTB stock opened at $48.12 on Friday. iShares Core 1-5 Year USD Bond ETF has a one year low of $48.02 and a one year high of $49.05. The stock has a market capitalization of $5.03 billion, a PE ratio of 10.99 and a beta of 0.11. The company has a fifty day moving average of $48.23 and a 200-day moving average of $48.52.

iShares Core 1-5 Year USD Bond ETF Cuts Dividend

The company also recently declared a dividend, which will be paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st will be issued a dividend of $0.1713 per share. The ex-dividend date of this dividend is Wednesday, July 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.