Turn8 Private Wealth Inc. Boosts Stock Position in iShares Core 1-5 Year USD Bond ETF $ISTB

Turn8 Private Wealth Inc. raised its holdings in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 35.3% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 74,100 shares of the company’s stock after buying an additional 19,317 shares during the period. iShares Core 1-5 Year USD Bond ETF comprises about 2.2% of Turn8 Private Wealth Inc.’s holdings, making the stock its 23rd largest position. Turn8 Private Wealth Inc. owned 0.08% of iShares Core 1-5 Year USD Bond ETF worth $3,591,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of ISTB. PFG Advisors acquired a new position in iShares Core 1-5 Year USD Bond ETF in the fourth quarter valued at approximately $819,000. Cahaba Wealth Management Inc. raised its holdings in iShares Core 1-5 Year USD Bond ETF by 6.7% during the fourth quarter. Cahaba Wealth Management Inc. now owns 1,064,566 shares of the company’s stock worth $51,898,000 after purchasing an additional 66,931 shares in the last quarter. Bartlett & CO. Wealth Management LLC lifted its position in shares of iShares Core 1-5 Year USD Bond ETF by 31.9% during the 4th quarter. Bartlett & CO. Wealth Management LLC now owns 556,170 shares of the company’s stock worth $27,113,000 after buying an additional 134,574 shares during the last quarter. Apella Capital LLC lifted its position in shares of iShares Core 1-5 Year USD Bond ETF by 15.1% during the 4th quarter. Apella Capital LLC now owns 814,422 shares of the company’s stock worth $39,703,000 after buying an additional 106,752 shares during the last quarter. Finally, Townsend & Associates Inc boosted its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 1.5% in the 4th quarter. Townsend & Associates Inc now owns 1,166,721 shares of the company’s stock valued at $56,866,000 after buying an additional 17,652 shares in the last quarter.

iShares Core 1-5 Year USD Bond ETF Price Performance

NASDAQ ISTB opened at $48.12 on Friday. The firm’s fifty day moving average price is $48.23 and its 200 day moving average price is $48.52. The company has a market capitalization of $5.03 billion, a price-to-earnings ratio of 10.99 and a beta of 0.11. iShares Core 1-5 Year USD Bond ETF has a 12 month low of $48.02 and a 12 month high of $49.05.

iShares Core 1-5 Year USD Bond ETF Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, July 7th. Shareholders of record on Wednesday, July 1st will be paid a $0.1713 dividend. The ex-dividend date is Wednesday, July 1st.

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.