Commonwealth Equity Services LLC Increases Stake in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB)

Commonwealth Equity Services LLC boosted its position in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 0.9% in the 4th quarter, Holdings Channel reports. The firm owned 213,999 shares of the company’s stock after buying an additional 1,978 shares during the quarter. Commonwealth Equity Services LLC’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $10,223,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of ISTB. Raymond James Financial Inc. purchased a new stake in iShares Core 1-5 Year USD Bond ETF in the 4th quarter valued at about $90,759,000. Spinnaker Trust raised its position in iShares Core 1-5 Year USD Bond ETF by 16.3% during the 4th quarter. Spinnaker Trust now owns 1,504,770 shares of the company’s stock valued at $71,883,000 after purchasing an additional 210,364 shares in the last quarter. Bank of New York Mellon Corp purchased a new stake in shares of iShares Core 1-5 Year USD Bond ETF in the 4th quarter worth $9,491,000. Fiduciary Advisors Inc. purchased a new stake in iShares Core 1-5 Year USD Bond ETF in the fourth quarter worth about $7,913,000. Finally, Life Planning Partners Inc bought a new position in iShares Core 1-5 Year USD Bond ETF during the 4th quarter worth about $5,493,000.

iShares Core 1-5 Year USD Bond ETF Trading Up 0.2 %

Shares of NASDAQ:ISTB opened at $48.24 on Thursday. The company has a market capitalization of $4.29 billion, a PE ratio of 10.95 and a beta of 0.07. iShares Core 1-5 Year USD Bond ETF has a 12-month low of $46.65 and a 12-month high of $48.75. The business’s fifty day simple moving average is $47.99 and its 200-day simple moving average is $48.07.

iShares Core 1-5 Year USD Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were given a $0.1568 dividend. The ex-dividend date was Monday, March 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.