iShares Core 1-5 Year USD Bond ETF $ISTB Shares Acquired by Crestwood Advisors Group LLC

Crestwood Advisors Group LLC lifted its position in shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 51.6% during the fourth quarter, Holdings Channel reports. The firm owned 177,145 shares of the company’s stock after acquiring an additional 60,321 shares during the quarter. Crestwood Advisors Group LLC’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $8,636,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also made changes to their positions in ISTB. Goldman Sachs Group Inc. grew its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 100.9% during the first quarter. Goldman Sachs Group Inc. now owns 165,118 shares of the company’s stock worth $7,983,000 after buying an additional 82,911 shares during the last quarter. Jane Street Group LLC acquired a new position in iShares Core 1-5 Year USD Bond ETF in the 1st quarter valued at about $1,681,000. NewEdge Advisors LLC increased its position in iShares Core 1-5 Year USD Bond ETF by 13.4% in the 2nd quarter. NewEdge Advisors LLC now owns 57,776 shares of the company’s stock valued at $2,811,000 after acquiring an additional 6,809 shares during the period. Betterment LLC increased its position in iShares Core 1-5 Year USD Bond ETF by 6.8% in the 2nd quarter. Betterment LLC now owns 39,922 shares of the company’s stock valued at $1,942,000 after acquiring an additional 2,550 shares during the period. Finally, Ameriprise Financial Inc. increased its position in iShares Core 1-5 Year USD Bond ETF by 60.0% in the 2nd quarter. Ameriprise Financial Inc. now owns 513,291 shares of the company’s stock valued at $24,979,000 after acquiring an additional 192,418 shares during the period.

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

Shares of ISTB stock opened at $48.30 on Friday. The stock has a market capitalization of $4.73 billion, a PE ratio of 10.99 and a beta of 0.11. iShares Core 1-5 Year USD Bond ETF has a 52-week low of $48.06 and a 52-week high of $49.05. The stock’s 50-day moving average price is $48.51 and its 200 day moving average price is $48.70.

iShares Core 1-5 Year USD Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, May 6th. Investors of record on Friday, May 1st were given a $0.1722 dividend. This represents a c) annualized dividend and a yield of 4.3%. The ex-dividend date was Friday, May 1st.

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.