Fonville Wealth Management LLC Purchases 21,796 Shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB)

Fonville Wealth Management LLC raised its holdings in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 20.2% in the fourth quarter, Holdings Channel.com reports. The fund owned 129,489 shares of the company’s stock after acquiring an additional 21,796 shares during the quarter. iShares Core 1-5 Year USD Bond ETF makes up about 2.0% of Fonville Wealth Management LLC’s investment portfolio, making the stock its 16th largest position. Fonville Wealth Management LLC’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $6,186,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Golden State Wealth Management LLC bought a new position in shares of iShares Core 1-5 Year USD Bond ETF during the 4th quarter valued at $32,000. Burkett Financial Services LLC raised its holdings in iShares Core 1-5 Year USD Bond ETF by 56.3% during the fourth quarter. Burkett Financial Services LLC now owns 994 shares of the company’s stock valued at $47,000 after buying an additional 358 shares in the last quarter. Bogart Wealth LLC lifted its position in shares of iShares Core 1-5 Year USD Bond ETF by 40.7% in the third quarter. Bogart Wealth LLC now owns 992 shares of the company’s stock worth $48,000 after buying an additional 287 shares during the last quarter. Crews Bank & Trust bought a new stake in shares of iShares Core 1-5 Year USD Bond ETF during the 4th quarter worth about $90,000. Finally, Northwest Investment Counselors LLC acquired a new position in shares of iShares Core 1-5 Year USD Bond ETF during the 3rd quarter valued at about $130,000.

iShares Core 1-5 Year USD Bond ETF Stock Performance

ISTB opened at $47.88 on Monday. The firm has a market cap of $4.26 billion, a P/E ratio of 16.72 and a beta of 0.07. The business has a 50 day moving average price of $47.84 and a 200 day moving average price of $48.08. iShares Core 1-5 Year USD Bond ETF has a twelve month low of $46.65 and a twelve month high of $48.75.

iShares Core 1-5 Year USD Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were paid a $0.1632 dividend. The ex-dividend date was Monday, February 3rd.

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.