Sheets Smith Wealth Management Increases Holdings in iShares Core 1-5 Year USD Bond ETF $ISTB

Sheets Smith Wealth Management raised its position in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 74.1% during the first quarter, Holdings Channel reports. The fund owned 70,155 shares of the company’s stock after acquiring an additional 29,850 shares during the period. Sheets Smith Wealth Management’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $3,400,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also bought and sold shares of ISTB. Concurrent Investment Advisors LLC raised its holdings in iShares Core 1-5 Year USD Bond ETF by 4.8% in the 4th quarter. Concurrent Investment Advisors LLC now owns 4,530 shares of the company’s stock worth $221,000 after purchasing an additional 206 shares during the period. Evensky & Katz LLC raised its stake in shares of iShares Core 1-5 Year USD Bond ETF by 1.6% in the fourth quarter. Evensky & Katz LLC now owns 13,241 shares of the company’s stock worth $646,000 after buying an additional 208 shares during the period. Northwestern Mutual Wealth Management Co. raised its stake in shares of iShares Core 1-5 Year USD Bond ETF by 1.4% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 15,426 shares of the company’s stock worth $753,000 after buying an additional 208 shares during the period. Spire Wealth Management lifted its position in shares of iShares Core 1-5 Year USD Bond ETF by 37.5% during the 4th quarter. Spire Wealth Management now owns 800 shares of the company’s stock valued at $39,000 after buying an additional 218 shares in the last quarter. Finally, Centaurus Financial Inc. lifted its position in shares of iShares Core 1-5 Year USD Bond ETF by 7.6% during the 3rd quarter. Centaurus Financial Inc. now owns 3,759 shares of the company’s stock valued at $184,000 after buying an additional 265 shares in the last quarter.

iShares Core 1-5 Year USD Bond ETF Price Performance

Shares of NASDAQ:ISTB opened at $48.17 on Friday. iShares Core 1-5 Year USD Bond ETF has a 1-year low of $48.02 and a 1-year high of $49.05. The company has a market capitalization of $4.72 billion, a P/E ratio of 10.99 and a beta of 0.11. The firm’s 50 day simple moving average is $48.30 and its two-hundred day simple moving average is $48.56.

iShares Core 1-5 Year USD Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were paid a $0.172 dividend. The ex-dividend date was Monday, June 1st. This represents a c) annualized dividend and a yield of 4.3%.

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.