Joseph Group Capital Management Grows Stock Holdings in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB)

Joseph Group Capital Management grew its holdings in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 16.9% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 50,318 shares of the company’s stock after buying an additional 7,278 shares during the period. Joseph Group Capital Management owned approximately 0.06% of iShares Core 1-5 Year USD Bond ETF worth $2,404,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in ISTB. Charles Schwab Investment Management Inc. raised its holdings in iShares Core 1-5 Year USD Bond ETF by 0.4% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 3,068,324 shares of the company’s stock valued at $146,574,000 after buying an additional 11,280 shares during the period. Raymond James Financial Inc. purchased a new stake in shares of iShares Core 1-5 Year USD Bond ETF in the fourth quarter valued at $90,759,000. Spinnaker Trust lifted its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 16.3% in the 4th quarter. Spinnaker Trust now owns 1,504,770 shares of the company’s stock worth $71,883,000 after acquiring an additional 210,364 shares during the last quarter. Townsend & Associates Inc boosted its stake in shares of iShares Core 1-5 Year USD Bond ETF by 2.0% during the 4th quarter. Townsend & Associates Inc now owns 1,025,796 shares of the company’s stock worth $49,125,000 after purchasing an additional 20,517 shares during the period. Finally, Prosperity Planning Inc. grew its holdings in iShares Core 1-5 Year USD Bond ETF by 6.4% during the 4th quarter. Prosperity Planning Inc. now owns 792,445 shares of the company’s stock valued at $37,855,000 after purchasing an additional 47,752 shares during the last quarter.

iShares Core 1-5 Year USD Bond ETF Price Performance

Shares of NASDAQ ISTB opened at $48.32 on Friday. 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 50-day simple moving average of $48.06 and a two-hundred day simple moving average of $48.06. The company has a market cap of $4.30 billion, a P/E ratio of 10.96 and a beta of 0.07.

iShares Core 1-5 Year USD Bond ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were issued a dividend of $0.1568 per share. The ex-dividend date of this dividend was Monday, March 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.