iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) Shares Purchased by Townsend & Associates Inc

Townsend & Associates Inc grew its stake in shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 2.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,025,796 shares of the company’s stock after acquiring an additional 20,517 shares during the period. iShares Core 1-5 Year USD Bond ETF accounts for 5.1% of Townsend & Associates Inc’s holdings, making the stock its 2nd largest position. Townsend & Associates Inc owned about 1.15% of iShares Core 1-5 Year USD Bond ETF worth $49,125,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently bought and sold shares of ISTB. Abound Financial LLC acquired a new stake in shares of iShares Core 1-5 Year USD Bond ETF in the fourth quarter valued at approximately $237,000. FPC Investment Advisory Inc. raised its position in shares of iShares Core 1-5 Year USD Bond ETF by 4.1% in the fourth quarter. FPC Investment Advisory Inc. now owns 458,904 shares of the company’s stock valued at $22,041,000 after buying an additional 17,975 shares in the last quarter. Mattern Capital Management LLC raised its position in shares of iShares Core 1-5 Year USD Bond ETF by 2.2% in the fourth quarter. Mattern Capital Management LLC now owns 16,881 shares of the company’s stock valued at $806,000 after buying an additional 370 shares in the last quarter. Cannon Financial Strategists Inc. raised its position in shares of iShares Core 1-5 Year USD Bond ETF by 4.2% in the fourth quarter. Cannon Financial Strategists Inc. now owns 83,651 shares of the company’s stock valued at $3,996,000 after buying an additional 3,385 shares in the last quarter. Finally, Global Retirement Partners LLC raised its position in shares of iShares Core 1-5 Year USD Bond ETF by 12.5% in the fourth quarter. Global Retirement Partners LLC now owns 24,283 shares of the company’s stock valued at $1,160,000 after buying an additional 2,704 shares in the last quarter.

iShares Core 1-5 Year USD Bond ETF Trading Up 0.1 %

NASDAQ ISTB opened at $48.03 on Friday. iShares Core 1-5 Year USD Bond ETF has a 1-year low of $46.65 and a 1-year high of $48.75. The company has a 50 day moving average of $47.82 and a 200-day moving average of $48.07. The company has a market cap of $4.27 billion, a price-to-earnings ratio of 16.46 and a beta of 0.07.

iShares Core 1-5 Year USD Bond ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were given a $0.1632 dividend. The ex-dividend date of this dividend was Monday, February 3rd.

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.