1,183,767 Shares in iShares Core 1-5 Year USD Bond ETF $ISTB Purchased by Financial Solutions Advisory Group Inc.

Financial Solutions Advisory Group Inc. acquired a new position in shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 1,183,767 shares of the company’s stock, valued at approximately $57,365,000. iShares Core 1-5 Year USD Bond ETF comprises approximately 7.9% of Financial Solutions Advisory Group Inc.’s holdings, making the stock its 3rd largest holding. Financial Solutions Advisory Group Inc. owned about 1.21% of iShares Core 1-5 Year USD Bond ETF as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in ISTB. Spire Wealth Management grew its holdings in iShares Core 1-5 Year USD Bond ETF by 37.5% during the fourth quarter. Spire Wealth Management now owns 800 shares of the company’s stock valued at $39,000 after purchasing an additional 218 shares during the period. Turtle Creek Wealth Advisors LLC bought a new position in iShares Core 1-5 Year USD Bond ETF in the 1st quarter worth about $44,000. Rossby Financial LCC boosted its position in shares of iShares Core 1-5 Year USD Bond ETF by 41.7% in the fourth quarter. Rossby Financial LCC now owns 986 shares of the company’s stock valued at $48,000 after acquiring an additional 290 shares during the period. Strive Financial Group LLC bought a new position in iShares Core 1-5 Year USD Bond ETF in the 4th quarter valued at $68,000. Finally, Flagship Harbor Advisors LLC bought a new stake in iShares Core 1-5 Year USD Bond ETF during the fourth quarter valued at $103,000.

iShares Core 1-5 Year USD Bond ETF Stock Down 0.0%

iShares Core 1-5 Year USD Bond ETF stock opened at $48.03 on Friday. iShares Core 1-5 Year USD Bond ETF has a 52 week low of $47.88 and a 52 week high of $49.05. The business has a 50-day simple moving average of $48.12 and a 200 day simple moving average of $48.42. The stock has a market cap of $5.11 billion, a price-to-earnings ratio of 10.99 and a beta of 0.11.

iShares Core 1-5 Year USD Bond ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st were given a dividend of $0.1713 per share. The ex-dividend date was Wednesday, July 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.