1,449,607 Shares in iShares Core 1-5 Year USD Bond ETF $ISTB Acquired by SHP Wealth Management

SHP Wealth Management acquired a new position in shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 1,449,607 shares of the company’s stock, valued at approximately $70,668,000. iShares Core 1-5 Year USD Bond ETF comprises approximately 5.5% of SHP Wealth Management’s holdings, making the stock its 5th largest holding. SHP Wealth Management owned 1.49% of iShares Core 1-5 Year USD Bond ETF at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Acorns Advisers LLC raised its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 5.1% during the 4th quarter. Acorns Advisers LLC now owns 11,554,781 shares of the company’s stock worth $563,296,000 after acquiring an additional 562,194 shares during the period. State of Wisconsin Investment Board grew its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 1.4% in the fourth quarter. State of Wisconsin Investment Board now owns 5,312,625 shares of the company’s stock valued at $258,990,000 after purchasing an additional 71,400 shares during the period. Raymond James Financial Inc. grew its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 5.2% in the fourth quarter. Raymond James Financial Inc. now owns 2,223,386 shares of the company’s stock valued at $108,390,000 after purchasing an additional 110,022 shares during the period. Spinnaker Trust grew its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 2.9% in the fourth quarter. Spinnaker Trust now owns 1,384,279 shares of the company’s stock valued at $67,484,000 after purchasing an additional 38,402 shares during the period. Finally, Mariner LLC increased its position in iShares Core 1-5 Year USD Bond ETF by 2.9% during the fourth quarter. Mariner LLC now owns 1,284,486 shares of the company’s stock worth $62,619,000 after purchasing an additional 36,456 shares during the last quarter.

iShares Core 1-5 Year USD Bond ETF Price Performance

Shares of ISTB stock opened at $48.17 on Friday. The firm’s 50-day moving average is $48.30 and its two-hundred day moving average is $48.56. iShares Core 1-5 Year USD Bond ETF has a 12 month low of $48.02 and a 12 month high of $49.05. The company has a market capitalization of $4.72 billion, a PE ratio of 10.99 and a beta of 0.11.

iShares Core 1-5 Year USD Bond ETF Cuts Dividend

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

About iShares Core 1-5 Year USD Bond ETF

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.