Eldridge Investment Advisors Inc. Acquires 15,495 Shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB)

Eldridge Investment Advisors Inc. lifted its position in shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 19.2% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 96,044 shares of the company’s stock after buying an additional 15,495 shares during the period. iShares Core 1-5 Year USD Bond ETF comprises 1.1% of Eldridge Investment Advisors Inc.’s investment portfolio, making the stock its 25th largest position. Eldridge Investment Advisors Inc. owned 0.11% of iShares Core 1-5 Year USD Bond ETF worth $4,588,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of ISTB. Raymond James Financial Inc. purchased a new position in shares of iShares Core 1-5 Year USD Bond ETF during the 4th quarter valued at about $90,759,000. Spinnaker Trust raised its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 16.3% during the 4th quarter. Spinnaker Trust now owns 1,504,770 shares of the company’s stock valued at $71,883,000 after buying an additional 210,364 shares in the last quarter. Bank of New York Mellon Corp purchased a new position in shares of iShares Core 1-5 Year USD Bond ETF during the 4th quarter valued at about $9,491,000. Fiduciary Advisors Inc. purchased a new position in shares of iShares Core 1-5 Year USD Bond ETF during the 4th quarter valued at about $7,913,000. Finally, Life Planning Partners Inc purchased a new position in shares of iShares Core 1-5 Year USD Bond ETF during the 4th quarter valued at about $5,493,000.

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

Shares of NASDAQ ISTB opened at $48.11 on Friday. The stock has a market cap of $4.28 billion, a price-to-earnings ratio of 10.95 and a beta of 0.07. 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 stock’s 50-day moving average is $47.96 and its 200 day moving average is $48.07.

iShares Core 1-5 Year USD Bond ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were paid a $0.1568 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

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.