iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) is Morris Financial Concepts Inc.’s 5th Largest Position

Morris Financial Concepts Inc. grew its holdings in shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 0.7% in the 4th quarter, Holdings Channel.com reports. The firm owned 168,910 shares of the company’s stock after purchasing an additional 1,156 shares during the quarter. iShares Core 1-5 Year USD Bond ETF makes up approximately 3.5% of Morris Financial Concepts Inc.’s investment portfolio, making the stock its 5th largest position. Morris Financial Concepts Inc.’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $8,069,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. McClarren Financial Advisors Inc. boosted its position in shares of iShares Core 1-5 Year USD Bond ETF by 255.4% during the 4th quarter. McClarren Financial Advisors Inc. now owns 58,355 shares of the company’s stock valued at $2,787,000 after acquiring an additional 41,934 shares during the last quarter. Leavell Investment Management Inc. boosted its position in shares of iShares Core 1-5 Year USD Bond ETF by 8.0% during the 4th quarter. Leavell Investment Management Inc. now owns 13,154 shares of the company’s stock valued at $628,000 after acquiring an additional 970 shares during the last quarter. Opal Wealth Advisors LLC boosted its position in shares of iShares Core 1-5 Year USD Bond ETF by 1.3% during the 4th quarter. Opal Wealth Advisors LLC now owns 340,591 shares of the company’s stock valued at $16,270,000 after acquiring an additional 4,271 shares during the last quarter. Fonville Wealth Management LLC boosted its position in shares of iShares Core 1-5 Year USD Bond ETF by 20.2% during the 4th quarter. Fonville Wealth Management LLC now owns 129,489 shares of the company’s stock valued at $6,186,000 after acquiring an additional 21,796 shares during the last quarter. Finally, Rede Wealth LLC boosted its position in shares of iShares Core 1-5 Year USD Bond ETF by 9.6% during the 4th quarter. Rede Wealth LLC now owns 5,986 shares of the company’s stock valued at $286,000 after acquiring an additional 525 shares during the last quarter.

iShares Core 1-5 Year USD Bond ETF Stock Performance

NASDAQ ISTB opened at $47.77 on Thursday. The company has a market capitalization of $4.25 billion, a P/E ratio of 16.72 and a beta of 0.07. iShares Core 1-5 Year USD Bond ETF has a one year low of $46.65 and a one year high of $48.75. The stock has a 50 day moving average price of $47.84 and a 200-day moving average price of $48.08.

iShares Core 1-5 Year USD Bond ETF Cuts Dividend

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