Thrivent Financial for Lutherans Purchases 11,986 Shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB)

Thrivent Financial for Lutherans boosted its position in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 5.2% during the fourth quarter, HoldingsChannel.com reports. The fund owned 244,090 shares of the company’s stock after buying an additional 11,986 shares during the quarter. Thrivent Financial for Lutherans’ holdings in iShares Core 1-5 Year USD Bond ETF were worth $11,691,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Golden State Wealth Management LLC bought a new stake in shares of iShares Core 1-5 Year USD Bond ETF during the fourth quarter worth $32,000. Burkett Financial Services LLC grew 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 bought a new stake in shares of iShares Core 1-5 Year USD Bond ETF in the fourth quarter worth $90,000. Smartleaf Asset Management LLC grew its stake in shares of iShares Core 1-5 Year USD Bond ETF by 136.9% in the fourth quarter. Smartleaf Asset Management LLC now owns 2,210 shares of the company’s stock worth $106,000 after purchasing an additional 1,277 shares during the last quarter. Finally, FMR LLC grew its stake in shares of iShares Core 1-5 Year USD Bond ETF by 556.1% in the third quarter. FMR LLC now owns 2,841 shares of the company’s stock worth $138,000 after purchasing an additional 2,408 shares during the last quarter.

iShares Core 1-5 Year USD Bond ETF Price Performance

Shares of iShares Core 1-5 Year USD Bond ETF stock opened at $48.26 on Friday. iShares Core 1-5 Year USD Bond ETF has a twelve month low of $46.65 and a twelve month high of $48.75. The stock has a market cap of $4.29 billion, a price-to-earnings ratio of 10.95 and a beta of 0.07. The company’s fifty day moving average is $48.01 and its 200 day moving average is $48.07.

iShares Core 1-5 Year USD Bond ETF Cuts Dividend

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