Commonwealth Financial Services LLC Raises Holdings in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB)

Commonwealth Financial Services LLC lifted its stake in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 1.6% during the fourth quarter, Holdings Channel reports. The institutional investor owned 17,740 shares of the company’s stock after acquiring an additional 273 shares during the quarter. Commonwealth Financial Services LLC’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $847,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently modified their holdings of ISTB. Spinnaker Trust raised its holdings in iShares Core 1-5 Year USD Bond ETF by 3.8% in the 3rd quarter. Spinnaker Trust now owns 1,294,406 shares of the company’s stock worth $63,012,000 after purchasing an additional 47,921 shares during the period. Townsend & Associates Inc raised its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 3.7% during the third quarter. Townsend & Associates Inc now owns 1,005,279 shares of the company’s stock valued at $48,334,000 after acquiring an additional 35,675 shares during the last quarter. Cahaba Wealth Management Inc. increased its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 4.5% in the third quarter. Cahaba Wealth Management Inc. now owns 882,203 shares of the company’s stock valued at $42,946,000 after purchasing an additional 38,141 shares during the last quarter. Prosperity Planning Inc. increased its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 6.4% in the fourth quarter. Prosperity Planning Inc. now owns 792,445 shares of the company’s stock valued at $37,855,000 after purchasing an additional 47,752 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its holdings in shares of 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 purchasing an additional 7,741 shares during the last quarter.

iShares Core 1-5 Year USD Bond ETF Stock Performance

NASDAQ:ISTB opened at $47.83 on Tuesday. 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 stock has a market cap of $4.25 billion, a PE ratio of 16.72 and a beta of 0.07. The stock has a 50 day moving average price of $47.86 and a 200 day moving average price of $48.07.

iShares Core 1-5 Year USD Bond ETF Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Thursday, February 6th. Investors of record on Monday, February 3rd will be given a $0.1632 dividend. The ex-dividend date of this dividend is 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.