Fortress Financial Group LLC Takes $493,000 Position in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB)

Fortress Financial Group LLC acquired a new stake in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 10,329 shares of the company’s stock, valued at approximately $493,000.

A number of other large investors have also modified their holdings of ISTB. Spinnaker Trust increased its stake in shares of iShares Core 1-5 Year USD Bond ETF by 16.3% during the fourth quarter. Spinnaker Trust now owns 1,504,770 shares of the company’s stock worth $71,883,000 after buying an additional 210,364 shares during the period. Townsend & Associates Inc raised its position in iShares Core 1-5 Year USD Bond ETF by 2.0% in the 4th quarter. Townsend & Associates Inc now owns 1,025,796 shares of the company’s stock valued at $49,125,000 after purchasing an additional 20,517 shares during the last quarter. Prosperity Planning Inc. boosted its stake in shares of iShares Core 1-5 Year USD Bond ETF by 6.4% during the fourth quarter. Prosperity Planning Inc. now owns 792,445 shares of the company’s stock worth $37,855,000 after buying an additional 47,752 shares during the period. JPMorgan Chase & Co. lifted its position in iShares Core 1-5 Year USD Bond ETF by 1.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 700,762 shares of the company’s stock worth $34,113,000 after acquiring an additional 7,741 shares during the period. Finally, Destination Wealth Management raised its position in iShares Core 1-5 Year USD Bond ETF by 2.9% during the 3rd quarter. Destination Wealth Management now owns 534,405 shares of the company’s stock worth $26,015,000 after buying an additional 15,083 shares during the last quarter.

iShares Core 1-5 Year USD Bond ETF Stock Down 0.0 %

Shares of NASDAQ:ISTB opened at $48.22 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 firm’s 50-day simple moving average is $47.86 and its 200-day simple moving average is $48.08. The company has a market cap of $4.29 billion, a price-to-earnings ratio of 16.46 and a beta of 0.07.

iShares Core 1-5 Year USD Bond ETF Cuts Dividend

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