Independent Advisor Alliance Makes New $263,000 Investment in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB)

Independent Advisor Alliance acquired a new stake in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 5,503 shares of the company’s stock, valued at approximately $263,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Janney Montgomery Scott LLC lifted its stake in iShares Core 1-5 Year USD Bond ETF by 1.1% in the fourth quarter. Janney Montgomery Scott LLC now owns 18,723 shares of the company’s stock worth $894,000 after acquiring an additional 210 shares during the last quarter. Rockefeller Capital Management L.P. raised its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 0.3% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 90,848 shares of the company’s stock valued at $4,422,000 after purchasing an additional 236 shares in the last quarter. Magnolia Capital Advisors LLC lifted its position in shares of iShares Core 1-5 Year USD Bond ETF by 4.1% during the 4th quarter. Magnolia Capital Advisors LLC now owns 6,024 shares of the company’s stock worth $288,000 after purchasing an additional 238 shares during the last quarter. FC Advisory LLC grew its stake in shares of iShares Core 1-5 Year USD Bond ETF by 0.8% during the fourth quarter. FC Advisory LLC now owns 31,286 shares of the company’s stock worth $1,495,000 after purchasing an additional 244 shares in the last quarter. Finally, Commonwealth Financial Services LLC raised its stake in iShares Core 1-5 Year USD Bond ETF by 1.6% in the fourth quarter. Commonwealth Financial Services LLC now owns 17,740 shares of the company’s stock valued at $847,000 after buying an additional 273 shares in the last quarter.

iShares Core 1-5 Year USD Bond ETF Price Performance

Shares of NASDAQ ISTB opened at $48.24 on Thursday. The business has a 50-day moving average of $47.99 and a two-hundred day moving average of $48.07. The company has a market capitalization of $4.29 billion, a price-to-earnings ratio of 10.95 and a beta of 0.07. iShares Core 1-5 Year USD Bond ETF has a 1 year low of $46.65 and a 1 year high of $48.75.

iShares Core 1-5 Year USD Bond ETF Cuts Dividend

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

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.