Crestwood Advisors Group LLC Raises Holdings in iShares Core 1-5 Year USD Bond ETF $ISTB

Crestwood Advisors Group LLC raised its position in shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 543.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 116,824 shares of the company’s stock after acquiring an additional 98,672 shares during the period. Crestwood Advisors Group LLC owned approximately 0.12% of iShares Core 1-5 Year USD Bond ETF worth $5,706,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Gilbert Capital Group Inc. purchased a new position in iShares Core 1-5 Year USD Bond ETF in the second quarter valued at about $6,749,000. CreativeOne Wealth LLC acquired a new stake in shares of iShares Core 1-5 Year USD Bond ETF in the second quarter valued at about $510,000. Clune & Associates LTD. grew its stake in shares of iShares Core 1-5 Year USD Bond ETF by 14.7% in the third quarter. Clune & Associates LTD. now owns 171,658 shares of the company’s stock valued at $8,384,000 after buying an additional 21,938 shares in the last quarter. Courage Miller Partners LLC raised its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 7.9% during the 3rd quarter. Courage Miller Partners LLC now owns 550,008 shares of the company’s stock valued at $26,861,000 after buying an additional 40,216 shares during the period. Finally, Geneos Wealth Management Inc. lifted its position in iShares Core 1-5 Year USD Bond ETF by 2.4% during the 2nd quarter. Geneos Wealth Management Inc. now owns 502,761 shares of the company’s stock worth $24,459,000 after acquiring an additional 11,785 shares in the last quarter.

iShares Core 1-5 Year USD Bond ETF Stock Down 0.0%

Shares of NASDAQ:ISTB opened at $48.93 on Wednesday. The company has a market capitalization of $4.78 billion, a price-to-earnings ratio of 10.99 and a beta of 0.11. The company has a 50 day moving average of $48.78 and a two-hundred day moving average of $48.79. iShares Core 1-5 Year USD Bond ETF has a 52-week low of $47.77 and a 52-week high of $48.99.

iShares Core 1-5 Year USD Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were paid a dividend of $0.1724 per share. This is a positive change from iShares Core 1-5 Year USD Bond ETF’s previous monthly dividend of $0.17. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) annualized dividend and a yield of 4.2%.

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.