Michael A. Dubis Financial Planning LLC Invests $880,000 in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB)

Michael A. Dubis Financial Planning LLC acquired a new stake in shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) during the 4th quarter, Holdings Channel.com reports. The institutional investor acquired 18,415 shares of the company’s stock, valued at approximately $880,000. iShares Core 1-5 Year USD Bond ETF accounts for about 0.9% of Michael A. Dubis Financial Planning LLC’s portfolio, making the stock its 23rd largest holding.

A number of other large investors also recently modified their holdings of the company. Raymond James Financial Inc. bought a new stake in iShares Core 1-5 Year USD Bond ETF in the fourth quarter worth $90,759,000. Spinnaker Trust increased its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 16.3% in 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. Bank of New York Mellon Corp bought a new stake in shares of iShares Core 1-5 Year USD Bond ETF in the 4th quarter valued at about $9,491,000. Fiduciary Advisors Inc. purchased a new stake in iShares Core 1-5 Year USD Bond ETF during the 4th quarter valued at about $7,913,000. Finally, Clune & Associates LTD. bought a new position in iShares Core 1-5 Year USD Bond ETF during the 4th quarter worth approximately $6,481,000.

iShares Core 1-5 Year USD Bond ETF Price Performance

Shares of iShares Core 1-5 Year USD Bond ETF stock opened at $48.32 on Friday. The stock has a market capitalization of $4.29 billion, a P/E ratio of 10.96 and a beta of 0.10. iShares Core 1-5 Year USD Bond ETF has a one year low of $46.65 and a one year high of $48.75. The business’s 50 day simple moving average is $48.06 and its two-hundred day simple moving average is $48.06.

iShares Core 1-5 Year USD Bond ETF Cuts Dividend

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