Hill Island Financial LLC Boosts Stake in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB)

Hill Island Financial LLC raised its position in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 6.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 30,812 shares of the company’s stock after purchasing an additional 1,838 shares during the quarter. iShares Core 1-5 Year USD Bond ETF accounts for approximately 0.4% of Hill Island Financial LLC’s holdings, making the stock its 29th biggest holding. Hill Island Financial LLC’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $1,472,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in ISTB. Golden State Wealth Management LLC purchased a new stake in iShares Core 1-5 Year USD Bond ETF in the 4th quarter worth about $32,000. Burkett Financial Services LLC raised its position in iShares Core 1-5 Year USD Bond ETF by 56.3% in the 4th quarter. Burkett Financial Services LLC now owns 994 shares of the company’s stock worth $47,000 after purchasing an additional 358 shares during the period. Crews Bank & Trust purchased a new stake in iShares Core 1-5 Year USD Bond ETF in the 4th quarter worth about $90,000. Smartleaf Asset Management LLC raised its position in iShares Core 1-5 Year USD Bond ETF by 136.9% in the 4th quarter. Smartleaf Asset Management LLC now owns 2,210 shares of the company’s stock worth $106,000 after purchasing an additional 1,277 shares during the period. Finally, Bfsg LLC grew its stake in iShares Core 1-5 Year USD Bond ETF by 15.4% in the 4th quarter. Bfsg LLC now owns 2,850 shares of the company’s stock worth $136,000 after acquiring an additional 380 shares in the last quarter.

iShares Core 1-5 Year USD Bond ETF Price Performance

Shares of ISTB stock opened at $48.26 on Friday. The company has a market capitalization of $4.29 billion, a P/E ratio of 10.95 and a beta of 0.07. The company’s 50-day simple moving average is $48.01 and its two-hundred day simple moving average is $48.07. iShares Core 1-5 Year USD Bond ETF has a one year low of $46.65 and a one year high of $48.75.

iShares Core 1-5 Year USD Bond ETF Cuts Dividend

The business also recently announced 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.