iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) Shares Purchased by Lakeridge Wealth Management LLC

Lakeridge Wealth Management LLC lifted its stake in shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 64.5% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 193,014 shares of the company’s stock after purchasing an additional 75,684 shares during the quarter. iShares Core 1-5 Year USD Bond ETF accounts for 4.8% of Lakeridge Wealth Management LLC’s holdings, making the stock its 4th biggest holding. Lakeridge Wealth Management LLC owned approximately 0.22% of iShares Core 1-5 Year USD Bond ETF worth $9,220,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently modified their holdings of the stock. FMR LLC grew its stake in iShares Core 1-5 Year USD Bond ETF by 556.1% during the third quarter. FMR LLC now owns 2,841 shares of the company’s stock worth $138,000 after buying an additional 2,408 shares in the last quarter. Stifel Financial Corp lifted its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 23.0% during the 3rd quarter. Stifel Financial Corp now owns 29,089 shares of the company’s stock worth $1,416,000 after acquiring an additional 5,435 shares during the period. HB Wealth Management LLC boosted its position in shares of iShares Core 1-5 Year USD Bond ETF by 3.3% during the 4th quarter. HB Wealth Management LLC now owns 13,242 shares of the company’s stock worth $633,000 after acquiring an additional 423 shares in the last quarter. JPMorgan Chase & Co. increased its stake in iShares Core 1-5 Year USD Bond ETF by 1.1% in the third quarter. JPMorgan Chase & Co. now owns 700,762 shares of the company’s stock valued at $34,113,000 after acquiring an additional 7,741 shares during the last quarter. Finally, Leavell Investment Management Inc. raised its position in iShares Core 1-5 Year USD Bond ETF by 4.3% during the third quarter. Leavell Investment Management Inc. now owns 12,184 shares of the company’s stock valued at $593,000 after purchasing an additional 500 shares in the last quarter.

iShares Core 1-5 Year USD Bond ETF Price Performance

NASDAQ ISTB opened at $47.96 on Friday. iShares Core 1-5 Year USD Bond ETF has a fifty-two week low of $46.65 and a fifty-two week high of $48.75. The business has a fifty day moving average price of $47.83 and a two-hundred day moving average price of $48.08. The stock has a market capitalization of $4.26 billion, a PE ratio of 16.72 and a beta of 0.07.

iShares Core 1-5 Year USD Bond ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were given a dividend of $0.1632 per share. The ex-dividend date was Monday, February 3rd.

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.