FPC Investment Advisory Inc. Increases Stake in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB)

FPC Investment Advisory Inc. grew its holdings in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 4.1% during the fourth quarter, Holdings Channel.com reports. The firm owned 458,904 shares of the company’s stock after acquiring an additional 17,975 shares during the quarter. iShares Core 1-5 Year USD Bond ETF accounts for about 16.1% of FPC Investment Advisory Inc.’s portfolio, making the stock its biggest position. FPC Investment Advisory Inc.’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $22,041,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Golden State Wealth Management LLC acquired a new stake in shares of iShares Core 1-5 Year USD Bond ETF in the fourth quarter valued at approximately $32,000. Burkett Financial Services LLC increased 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 worth $47,000 after buying an additional 358 shares during the last quarter. Crews Bank & Trust acquired a new position in iShares Core 1-5 Year USD Bond ETF during the fourth quarter worth $90,000. Bfsg LLC increased its holdings 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 worth $136,000 after buying an additional 380 shares during the last quarter. Finally, FMR LLC increased its holdings in iShares Core 1-5 Year USD Bond ETF by 556.1% during the third quarter. FMR LLC now owns 2,841 shares of the company’s stock worth $138,000 after buying an additional 2,408 shares during the last quarter.

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

Shares of ISTB opened at $48.03 on Friday. The company has a market cap of $4.27 billion, a price-to-earnings ratio of 16.46 and a beta of 0.07. iShares Core 1-5 Year USD Bond ETF has a 1-year low of $46.65 and a 1-year high of $48.75. The company’s fifty day simple moving average is $47.82 and its 200 day simple moving average is $48.07.

iShares Core 1-5 Year USD Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were issued a dividend of $0.1632 per share. 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.