Midwest Capital Advisors LLC Purchases New Shares in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB)

Midwest Capital Advisors LLC acquired a new stake in shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 6,179 shares of the company’s stock, valued at approximately $295,000.

A number of other institutional investors and hedge funds have also made changes to their positions in ISTB. Golden State Wealth Management LLC purchased a new stake in shares of iShares Core 1-5 Year USD Bond ETF during the 4th quarter valued at about $32,000. Burkett Financial Services LLC increased its stake in iShares Core 1-5 Year USD Bond ETF by 56.3% during the fourth quarter. Burkett Financial Services LLC now owns 994 shares of the company’s stock worth $47,000 after acquiring an additional 358 shares during the last quarter. Crews Bank & Trust purchased a new stake in iShares Core 1-5 Year USD Bond ETF during the fourth quarter valued at approximately $90,000. Bfsg LLC lifted its stake in shares of 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 valued at $136,000 after purchasing an additional 380 shares during the last quarter. Finally, FMR LLC boosted its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 556.1% in the 3rd quarter. FMR LLC now owns 2,841 shares of the company’s stock worth $138,000 after purchasing an additional 2,408 shares during the period.

iShares Core 1-5 Year USD Bond ETF Stock Performance

NASDAQ:ISTB opened at $48.03 on Monday. The firm has a market capitalization of $4.27 billion, a PE ratio of 16.46 and a beta of 0.07. The stock’s fifty day moving average is $47.82 and its 200 day moving average is $48.07. iShares Core 1-5 Year USD Bond ETF has a fifty-two week low of $46.65 and a fifty-two week high of $48.75.

iShares Core 1-5 Year USD Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were paid 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.