Fiduciary Advisors Inc. Purchases New Position in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB)

Fiduciary Advisors Inc. bought a new position in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) during the fourth quarter, according to its most recent 13F filing with the SEC. The fund bought 165,641 shares of the company’s stock, valued at approximately $7,913,000. iShares Core 1-5 Year USD Bond ETF comprises about 8.0% of Fiduciary Advisors Inc.’s holdings, making the stock its 3rd largest position.

Other hedge funds have also recently modified their holdings of the company. FMR LLC increased its position in iShares Core 1-5 Year USD Bond ETF by 556.1% during the third 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 last quarter. Stifel Financial Corp lifted its stake in iShares Core 1-5 Year USD Bond ETF by 23.0% in the third quarter. Stifel Financial Corp now owns 29,089 shares of the company’s stock valued at $1,416,000 after buying an additional 5,435 shares during the last quarter. NewEdge Advisors LLC raised its holdings in iShares Core 1-5 Year USD Bond ETF by 26.7% during the 2nd quarter. NewEdge Advisors LLC now owns 28,857 shares of the company’s stock worth $1,367,000 after buying an additional 6,090 shares during the period. JPMorgan Chase & Co. boosted 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 purchasing an additional 7,741 shares during the period. Finally, HB Wealth Management LLC raised its stake in shares of iShares Core 1-5 Year USD Bond ETF by 3.3% in the fourth quarter. HB Wealth Management LLC now owns 13,242 shares of the company’s stock valued at $633,000 after purchasing an additional 423 shares in the last quarter.

iShares Core 1-5 Year USD Bond ETF Trading Up 0.1 %

NASDAQ:ISTB opened at $48.04 on Friday. The business’s 50-day moving average price is $47.85 and its two-hundred day moving average price is $48.06. iShares Core 1-5 Year USD Bond ETF has a 1-year low of $46.65 and a 1-year high of $48.75. The firm has a market capitalization of $4.26 billion, a price-to-earnings ratio of 16.72 and a beta of 0.07.

iShares Core 1-5 Year USD Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were paid a dividend of $0.1587 per share. This represents a $1.90 dividend on an annualized basis and a yield of 3.96%. The ex-dividend date of this dividend was Wednesday, December 18th.

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.