iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) is Cahaba Wealth Management Inc.’s 6th Largest Position

Cahaba Wealth Management Inc. boosted its position in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 10.2% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 844,062 shares of the company’s stock after buying an additional 77,986 shares during the quarter. iShares Core 1-5 Year USD Bond ETF makes up about 3.5% of Cahaba Wealth Management Inc.’s holdings, making the stock its 6th largest position. Cahaba Wealth Management Inc.’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $39,983,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of ISTB. C M Bidwell & Associates Ltd. boosted its stake in shares of iShares Core 1-5 Year USD Bond ETF by 4.9% during the 4th quarter. C M Bidwell & Associates Ltd. now owns 88,356 shares of the company’s stock valued at $4,202,000 after purchasing an additional 4,136 shares in the last quarter. McKinley Carter Wealth Services Inc. lifted its stake in iShares Core 1-5 Year USD Bond ETF by 3.3% in the 4th quarter. McKinley Carter Wealth Services Inc. now owns 177,593 shares of the company’s stock worth $8,446,000 after purchasing an additional 5,633 shares in the last quarter. LWS Wealth Advisors Inc. lifted its position in iShares Core 1-5 Year USD Bond ETF by 6.9% during the fourth quarter. LWS Wealth Advisors Inc. now owns 160,748 shares of the company’s stock valued at $7,645,000 after purchasing an additional 10,315 shares during the last quarter. Meeder Asset Management Inc. raised its stake in shares of iShares Core 1-5 Year USD Bond ETF by 5.6% in the first quarter. Meeder Asset Management Inc. now owns 112,202 shares of the company’s stock valued at $5,323,000 after acquiring an additional 5,946 shares during the period. Finally, Concourse Financial Group Securities Inc. lifted its stake in shares of iShares Core 1-5 Year USD Bond ETF by 36.6% during the 4th quarter. Concourse Financial Group Securities Inc. now owns 1,504 shares of the company’s stock worth $72,000 after acquiring an additional 403 shares during the last quarter.

iShares Core 1-5 Year USD Bond ETF Price Performance

Shares of ISTB stock opened at $48.50 on Friday. The company has a market capitalization of $4.20 billion, a P/E ratio of 16.72 and a beta of 0.07. iShares Core 1-5 Year USD Bond ETF has a one year low of $45.37 and a one year high of $48.57. The company’s 50-day simple moving average is $47.95 and its two-hundred day simple moving average is $47.48.

iShares Core 1-5 Year USD Bond ETF Announces Dividend

The company also recently announced a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were paid a $0.1598 dividend. The ex-dividend date of this dividend was Tuesday, September 3rd.

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.