Keystone Financial Group Inc. Invests $303,000 in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB)

Keystone Financial Group Inc. bought a new stake in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 6,350 shares of the company’s stock, valued at approximately $303,000.

Several other hedge funds have also bought and sold shares of the company. Spinnaker Trust lifted its stake in iShares Core 1-5 Year USD Bond ETF by 3.8% in the 3rd quarter. Spinnaker Trust now owns 1,294,406 shares of the company’s stock valued at $63,012,000 after purchasing an additional 47,921 shares during the last quarter. Townsend & Associates Inc lifted its stake in iShares Core 1-5 Year USD Bond ETF by 3.7% in the 3rd quarter. Townsend & Associates Inc now owns 1,005,279 shares of the company’s stock valued at $48,334,000 after purchasing an additional 35,675 shares during the last quarter. Cahaba Wealth Management Inc. lifted its position in iShares Core 1-5 Year USD Bond ETF by 4.5% during the third quarter. Cahaba Wealth Management Inc. now owns 882,203 shares of the company’s stock worth $42,946,000 after acquiring an additional 38,141 shares during the last quarter. Prosperity Planning Inc. lifted its position in iShares Core 1-5 Year USD Bond ETF by 6.4% during the fourth quarter. Prosperity Planning Inc. now owns 792,445 shares of the company’s stock worth $37,855,000 after acquiring an additional 47,752 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its position in iShares Core 1-5 Year USD Bond ETF by 1.1% during the third quarter. JPMorgan Chase & Co. now owns 700,762 shares of the company’s stock worth $34,113,000 after acquiring an additional 7,741 shares during the last quarter.

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

Shares of ISTB stock opened at $47.93 on Friday. The firm has a 50 day moving average price of $47.85 and a two-hundred day moving average price of $48.07. The company has a market capitalization of $4.26 billion, a PE ratio of 16.72 and a beta of 0.07. iShares Core 1-5 Year USD Bond ETF has a 12-month low of $46.65 and a 12-month high of $48.75.

iShares Core 1-5 Year USD Bond ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were given a dividend of $0.1632 per share. The ex-dividend date was Monday, February 3rd.

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.