Wealth Management Resources Inc. Has $14.16 Million Stock Holdings in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB)

Wealth Management Resources Inc. increased its position in shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 43.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 296,477 shares of the company’s stock after acquiring an additional 90,506 shares during the period. iShares Core 1-5 Year USD Bond ETF makes up about 5.2% of Wealth Management Resources Inc.’s holdings, making the stock its 7th biggest position. Wealth Management Resources Inc.’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $14,163,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Janney Montgomery Scott LLC raised its position in iShares Core 1-5 Year USD Bond ETF by 1.1% in the 4th quarter. Janney Montgomery Scott LLC now owns 18,723 shares of the company’s stock worth $894,000 after purchasing an additional 210 shares during the period. Baker Ellis Asset Management LLC increased its stake in shares of iShares Core 1-5 Year USD Bond ETF by 3.0% during the fourth quarter. Baker Ellis Asset Management LLC now owns 107,503 shares of the company’s stock valued at $5,135,000 after buying an additional 3,103 shares during the period. Investment Advisory Group LLC raised its holdings in iShares Core 1-5 Year USD Bond ETF by 4.2% in the 4th quarter. Investment Advisory Group LLC now owns 49,176 shares of the company’s stock worth $2,349,000 after purchasing an additional 1,974 shares in the last quarter. Corepath Wealth Partners LLC boosted its stake in shares of iShares Core 1-5 Year USD Bond ETF by 1.9% during the 4th quarter. Corepath Wealth Partners LLC now owns 120,608 shares of the company’s stock valued at $5,745,000 after purchasing an additional 2,286 shares in the last quarter. Finally, Atomi Financial Group Inc. bought a new position in iShares Core 1-5 Year USD Bond ETF in the 4th quarter worth about $298,000.

iShares Core 1-5 Year USD Bond ETF Trading Up 0.1 %

Shares of ISTB opened at $47.91 on Friday. iShares Core 1-5 Year USD Bond ETF has a 12 month low of $46.65 and a 12 month high of $48.75. The business’s fifty day simple moving average is $47.84 and its two-hundred day simple moving average is $48.05. The company has a market cap of $4.25 billion, a price-to-earnings ratio of 16.72 and a beta of 0.07.

iShares Core 1-5 Year USD Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were paid a $0.1587 dividend. This represents a $1.90 annualized dividend and a dividend yield of 3.98%. The ex-dividend date of this dividend was Wednesday, December 18th.

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.