iShares Core 1-5 Year USD Bond ETF $ISTB Shares Bought by Wescott Financial Advisory Group LLC

Wescott Financial Advisory Group LLC grew its holdings in shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 10.2% during the fourth quarter, Holdings Channel reports. The firm owned 217,815 shares of the company’s stock after acquiring an additional 20,233 shares during the quarter. iShares Core 1-5 Year USD Bond ETF comprises 0.9% of Wescott Financial Advisory Group LLC’s portfolio, making the stock its 25th largest holding. Wescott Financial Advisory Group LLC’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $10,618,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Acorns Advisers LLC grew its position in shares of iShares Core 1-5 Year USD Bond ETF by 7.8% during the third quarter. Acorns Advisers LLC now owns 10,992,587 shares of the company’s stock worth $536,878,000 after acquiring an additional 793,589 shares during the last quarter. Raymond James Financial Inc. grew its position in shares of iShares Core 1-5 Year USD Bond ETF by 5.9% during the third quarter. Raymond James Financial Inc. now owns 2,113,364 shares of the company’s stock worth $103,217,000 after acquiring an additional 117,977 shares during the last quarter. Spinnaker Trust grew its position in shares of iShares Core 1-5 Year USD Bond ETF by 2.9% during the fourth quarter. Spinnaker Trust now owns 1,384,279 shares of the company’s stock worth $67,484,000 after acquiring an additional 38,402 shares during the last quarter. Mariner LLC grew its position in shares of iShares Core 1-5 Year USD Bond ETF by 7.9% during the third quarter. Mariner LLC now owns 1,248,030 shares of the company’s stock worth $60,954,000 after acquiring an additional 91,459 shares during the last quarter. Finally, Townsend & Associates Inc grew its position in shares of iShares Core 1-5 Year USD Bond ETF by 1.5% during the fourth quarter. Townsend & Associates Inc now owns 1,166,721 shares of the company’s stock worth $56,866,000 after acquiring an additional 17,652 shares during the last quarter.

iShares Core 1-5 Year USD Bond ETF Stock Performance

iShares Core 1-5 Year USD Bond ETF stock opened at $48.20 on Friday. The company has a 50-day simple moving average of $48.32 and a 200-day simple moving average of $48.59. The firm has a market capitalization of $4.72 billion, a P/E ratio of 10.99 and a beta of 0.11. iShares Core 1-5 Year USD Bond ETF has a one year low of $48.02 and a one year high of $49.05.

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 given a dividend of $0.172 per share. The ex-dividend date was Monday, June 1st. This represents a c) annualized dividend and a dividend yield of 4.3%.

iShares Core 1-5 Year USD Bond ETF Company 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.