iShares Core 1-5 Year USD Bond ETF $ISTB Position Raised by Cahaba Wealth Management Inc.

Cahaba Wealth Management Inc. lifted its position in shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 6.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,064,566 shares of the company’s stock after purchasing an additional 66,931 shares during the quarter. iShares Core 1-5 Year USD Bond ETF accounts for approximately 3.6% of Cahaba Wealth Management Inc.’s portfolio, making the stock its 7th largest holding. Cahaba Wealth Management Inc. owned 1.10% of iShares Core 1-5 Year USD Bond ETF worth $51,898,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Goldman Sachs Group Inc. boosted its holdings in iShares Core 1-5 Year USD Bond ETF by 100.9% during the first quarter. Goldman Sachs Group Inc. now owns 165,118 shares of the company’s stock worth $7,983,000 after buying an additional 82,911 shares in the last quarter. Jane Street Group LLC purchased a new position in iShares Core 1-5 Year USD Bond ETF in the first quarter valued at $1,681,000. TD Waterhouse Canada Inc. increased its holdings in iShares Core 1-5 Year USD Bond ETF by 1.9% in the second quarter. TD Waterhouse Canada Inc. now owns 16,929 shares of the company’s stock valued at $820,000 after buying an additional 320 shares in the last quarter. JPMorgan Chase & Co. raised its position in shares of iShares Core 1-5 Year USD Bond ETF by 24.2% in the second quarter. JPMorgan Chase & Co. now owns 930,891 shares of the company’s stock worth $45,288,000 after acquiring an additional 181,524 shares during the period. Finally, MAI Capital Management raised its position in shares of iShares Core 1-5 Year USD Bond ETF by 2.6% in the second quarter. MAI Capital Management now owns 13,902 shares of the company’s stock worth $676,000 after acquiring an additional 352 shares during the period.

iShares Core 1-5 Year USD Bond ETF Stock Down 0.3%

ISTB stock opened at $48.32 on Friday. iShares Core 1-5 Year USD Bond ETF has a 52-week low of $47.77 and a 52-week high of $49.05. The firm has a market cap of $4.72 billion, a P/E ratio of 10.99 and a beta of 0.11. The company’s 50-day simple moving average is $48.76 and its 200-day simple moving average is $48.79.

iShares Core 1-5 Year USD Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were given a dividend of $0.1656 per share. The ex-dividend date was Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 4.1%.

iShares Core 1-5 Year USD Bond ETF Company 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.