iShares Core 1-5 Year USD Bond ETF $ISTB Shares Purchased by McClarren Financial Advisors Inc.

McClarren Financial Advisors Inc. grew its position in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 1,438.8% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 95,834 shares of the company’s stock after acquiring an additional 89,606 shares during the period. iShares Core 1-5 Year USD Bond ETF comprises about 2.8% of McClarren Financial Advisors Inc.’s portfolio, making the stock its 10th largest holding. McClarren Financial Advisors Inc.’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $4,644,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. SHP Wealth Management bought a new stake in shares of iShares Core 1-5 Year USD Bond ETF during the fourth quarter worth approximately $70,668,000. Acorns Advisers LLC increased its stake in shares of iShares Core 1-5 Year USD Bond ETF by 7.8% during the third quarter. Acorns Advisers LLC now owns 10,992,587 shares of the company’s stock worth $536,878,000 after purchasing an additional 793,589 shares during the period. Boyd Wealth Management LLC acquired a new stake in iShares Core 1-5 Year USD Bond ETF during the 4th quarter worth approximately $13,198,000. Ballast Financial Advisors LLC acquired a new stake in iShares Core 1-5 Year USD Bond ETF during the 4th quarter worth approximately $10,391,000. Finally, JPMorgan Chase & Co. lifted its holdings in iShares Core 1-5 Year USD Bond ETF by 24.6% during the 4th quarter. JPMorgan Chase & Co. now owns 1,071,154 shares of the company’s stock worth $52,219,000 after purchasing an additional 211,271 shares during the last quarter.

iShares Core 1-5 Year USD Bond ETF Price Performance

ISTB opened at $48.17 on Friday. The business has a fifty day simple moving average of $48.30 and a 200 day simple moving average of $48.56. iShares Core 1-5 Year USD Bond ETF has a 1 year low of $48.02 and a 1 year high of $49.05. The company has a market capitalization of $4.72 billion, a PE ratio of 10.99 and a beta of 0.11.

iShares Core 1-5 Year USD Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, June 4th. Stockholders of record on Monday, June 1st were issued a dividend of $0.172 per share. The ex-dividend date of this dividend was Monday, June 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%.

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.