Investment Research Partners LLC Takes $5.13 Million Position in iShares Core 1-5 Year USD Bond ETF $ISTB

Investment Research Partners LLC purchased a new position in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 105,004 shares of the company’s stock, valued at approximately $5,133,000. iShares Core 1-5 Year USD Bond ETF accounts for 2.3% of Investment Research Partners LLC’s holdings, making the stock its 9th biggest position.

A number of other institutional investors and hedge funds have also recently modified their holdings of ISTB. Acorns Advisers LLC boosted its holdings in iShares Core 1-5 Year USD Bond ETF by 7.8% during the 3rd quarter. Acorns Advisers LLC now owns 10,992,587 shares of the company’s stock valued at $536,878,000 after acquiring an additional 793,589 shares during the period. Raymond James Financial Inc. increased its stake in iShares Core 1-5 Year USD Bond ETF by 5.9% in the third quarter. Raymond James Financial Inc. now owns 2,113,364 shares of the company’s stock worth $103,217,000 after purchasing an additional 117,977 shares during the period. Spinnaker Trust increased its stake in iShares Core 1-5 Year USD Bond ETF by 0.6% in the third quarter. Spinnaker Trust now owns 1,345,877 shares of the company’s stock worth $65,733,000 after purchasing an additional 7,529 shares during the period. Mariner LLC lifted its position in shares of iShares Core 1-5 Year USD Bond ETF by 7.9% during the third quarter. Mariner LLC now owns 1,248,030 shares of the company’s stock worth $60,954,000 after purchasing an additional 91,459 shares during the last quarter. Finally, Jones Financial Companies Lllp lifted its position in shares of iShares Core 1-5 Year USD Bond ETF by 19.6% during the third quarter. Jones Financial Companies Lllp now owns 1,176,780 shares of the company’s stock worth $57,427,000 after purchasing an additional 193,124 shares during the last quarter.

iShares Core 1-5 Year USD Bond ETF Trading Down 0.2%

Shares of ISTB opened at $48.48 on Thursday. The firm has a fifty day moving average price of $48.78 and a 200-day moving average price of $48.80. The firm has a market capitalization of $4.73 billion, a P/E ratio of 10.99 and a beta of 0.11. iShares Core 1-5 Year USD Bond ETF has a 12-month low of $47.77 and a 12-month high of $49.05.

iShares Core 1-5 Year USD Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Investors of record on Monday, March 2nd were issued 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%.

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.