Eldridge Investment Advisors Inc. Boosts Stake in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB)

Eldridge Investment Advisors Inc. lifted its holdings in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 19.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 96,044 shares of the company’s stock after purchasing an additional 15,495 shares during the quarter. iShares Core 1-5 Year USD Bond ETF accounts for about 1.1% of Eldridge Investment Advisors Inc.’s investment portfolio, making the stock its 25th biggest holding. Eldridge Investment Advisors Inc.’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $4,588,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of ISTB. Golden State Wealth Management LLC purchased a new position in shares of iShares Core 1-5 Year USD Bond ETF in the fourth quarter worth $32,000. Burkett Financial Services LLC raised its stake in shares of iShares Core 1-5 Year USD Bond ETF by 56.3% in the fourth quarter. Burkett Financial Services LLC now owns 994 shares of the company’s stock worth $47,000 after purchasing an additional 358 shares during the last quarter. Crews Bank & Trust purchased a new position in shares of iShares Core 1-5 Year USD Bond ETF in the fourth quarter worth $90,000. Smartleaf Asset Management LLC increased its position in iShares Core 1-5 Year USD Bond ETF by 136.9% during the fourth quarter. Smartleaf Asset Management LLC now owns 2,210 shares of the company’s stock valued at $106,000 after acquiring an additional 1,277 shares during the last quarter. Finally, Bfsg LLC increased its position in iShares Core 1-5 Year USD Bond ETF by 15.4% during the fourth quarter. Bfsg LLC now owns 2,850 shares of the company’s stock valued at $136,000 after acquiring an additional 380 shares during the last quarter.

iShares Core 1-5 Year USD Bond ETF Stock Performance

iShares Core 1-5 Year USD Bond ETF stock opened at $48.11 on Friday. The stock has a market cap of $4.28 billion, a PE ratio of 10.95 and a beta of 0.07. iShares Core 1-5 Year USD Bond ETF has a one year low of $46.65 and a one year high of $48.75. The stock has a fifty day moving average of $47.96 and a 200 day moving average of $48.07.

iShares Core 1-5 Year USD Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were given a dividend of $0.1568 per share. The ex-dividend date of this dividend was Monday, March 3rd.

iShares Core 1-5 Year USD Bond ETF 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.