iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) Shares Bought by Spinnaker Trust

Spinnaker Trust lifted its stake in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 3,449.7% in the fourth quarter, HoldingsChannel reports. The fund owned 1,210,386 shares of the company’s stock after purchasing an additional 1,176,288 shares during the quarter. iShares Core 1-5 Year USD Bond ETF makes up 3.9% of Spinnaker Trust’s holdings, making the stock its 5th largest holding. Spinnaker Trust’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $57,566,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in ISTB. Oak Harbor Wealth Partners LLC lifted its stake in shares of iShares Core 1-5 Year USD Bond ETF by 38.4% in the 3rd quarter. Oak Harbor Wealth Partners LLC now owns 7,863 shares of the company’s stock worth $365,000 after acquiring an additional 2,183 shares during the period. JGP Wealth Management LLC lifted its stake in iShares Core 1-5 Year USD Bond ETF by 5.4% during the third quarter. JGP Wealth Management LLC now owns 59,326 shares of the company’s stock valued at $2,752,000 after purchasing an additional 3,054 shares during the last quarter. Sunesis Advisors LLC acquired a new stake in iShares Core 1-5 Year USD Bond ETF during the third quarter valued at approximately $1,431,000. Commonwealth Equity Services LLC lifted its stake in iShares Core 1-5 Year USD Bond ETF by 4.1% during the third quarter. Commonwealth Equity Services LLC now owns 287,552 shares of the company’s stock valued at $13,337,000 after purchasing an additional 11,297 shares during the last quarter. Finally, Patton Albertson Miller Group LLC acquired a new stake in iShares Core 1-5 Year USD Bond ETF during the third quarter valued at approximately $244,000.

iShares Core 1-5 Year USD Bond ETF Trading Up 0.0 %

ISTB stock traded up $0.02 on Friday, hitting $46.93. 197,590 shares of the company’s stock traded hands, compared to its average volume of 499,109. iShares Core 1-5 Year USD Bond ETF has a 1-year low of $45.37 and a 1-year high of $48.32. The stock has a market cap of $4.04 billion, a price-to-earnings ratio of 16.67 and a beta of 0.07. The stock has a fifty day moving average of $47.21 and a 200-day moving average of $47.09.

iShares Core 1-5 Year USD Bond ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Friday, April 5th. Investors of record on Tuesday, April 2nd were paid a dividend of $0.1504 per share. This represents a $1.81 annualized dividend and a yield of 3.85%. The ex-dividend date was Monday, April 1st.

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.