Clune & Associates LTD. Acquires New Stake in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB)

Clune & Associates LTD. acquired a new stake in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) during the 4th quarter, HoldingsChannel reports. The firm acquired 135,677 shares of the company’s stock, valued at approximately $6,481,000. iShares Core 1-5 Year USD Bond ETF accounts for about 2.2% of Clune & Associates LTD.’s investment portfolio, making the stock its 11th largest holding.

Several other institutional investors have also bought and sold shares of the company. PNC Financial Services Group Inc. lifted its position in shares of iShares Core 1-5 Year USD Bond ETF by 4.6% during the third quarter. PNC Financial Services Group Inc. now owns 78,866 shares of the company’s stock worth $3,839,000 after acquiring an additional 3,485 shares in the last quarter. Wescott Financial Advisory Group LLC lifted its position in shares of iShares Core 1-5 Year USD Bond ETF by 7.5% during the third quarter. Wescott Financial Advisory Group LLC now owns 151,810 shares of the company’s stock worth $7,390,000 after acquiring an additional 10,526 shares in the last quarter. Bank of Montreal Can lifted its position in shares of iShares Core 1-5 Year USD Bond ETF by 4.5% during the third quarter. Bank of Montreal Can now owns 202,451 shares of the company’s stock worth $9,865,000 after acquiring an additional 8,805 shares in the last quarter. FMR LLC lifted its position in shares of 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 acquiring an additional 2,408 shares in the last quarter. Finally, Stone House Investment Management LLC lifted its position in shares of iShares Core 1-5 Year USD Bond ETF by 3.2% during the third quarter. Stone House Investment Management LLC now owns 39,238 shares of the company’s stock worth $1,910,000 after acquiring an additional 1,199 shares in the last quarter.

iShares Core 1-5 Year USD Bond ETF Price Performance

NASDAQ:ISTB opened at $48.26 on Monday. 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 has a market cap of $4.29 billion, a P/E ratio of 10.95 and a beta of 0.07. The stock’s fifty day moving average price is $48.01 and its two-hundred day moving average price 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 given a $0.1568 dividend. 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.