Townsend & Associates Inc Increases Holdings in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB)

Townsend & Associates Inc boosted its position in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 2.0% during the fourth quarter, HoldingsChannel.com reports. The fund owned 1,025,796 shares of the company’s stock after buying an additional 20,517 shares during the quarter. iShares Core 1-5 Year USD Bond ETF makes up 5.1% of Townsend & Associates Inc’s portfolio, making the stock its 2nd biggest position. Townsend & Associates Inc’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $49,125,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also added to or reduced their stakes in the company. Golden State Wealth Management LLC bought a new position in iShares Core 1-5 Year USD Bond ETF in the fourth quarter valued at approximately $32,000. Burkett Financial Services LLC increased its stake in iShares Core 1-5 Year USD Bond ETF by 56.3% in the fourth quarter. Burkett Financial Services LLC now owns 994 shares of the company’s stock valued at $47,000 after acquiring an additional 358 shares during the last quarter. Crews Bank & Trust bought a new position in iShares Core 1-5 Year USD Bond ETF in the fourth quarter valued at approximately $90,000. FMR LLC increased its stake in iShares Core 1-5 Year USD Bond ETF by 556.1% in the third quarter. FMR LLC now owns 2,841 shares of the company’s stock valued at $138,000 after acquiring an additional 2,408 shares during the last quarter. Finally, Bfsg LLC increased its stake in iShares Core 1-5 Year USD Bond ETF by 15.4% in the fourth quarter. Bfsg LLC now owns 2,850 shares of the company’s stock valued at $136,000 after acquiring an additional 380 shares during the last quarter.

iShares Core 1-5 Year USD Bond ETF Price Performance

Shares of NASDAQ:ISTB opened at $48.03 on Friday. The company’s 50 day simple moving average is $47.82 and its 200 day simple moving average is $48.07. The stock has a market capitalization of $4.27 billion, a price-to-earnings ratio of 16.46 and a beta of 0.07. iShares Core 1-5 Year USD Bond ETF has a 1 year low of $46.65 and a 1 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, February 6th. Shareholders of record on Monday, February 3rd were paid a dividend of $0.1632 per share. 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.