McClarren Financial Advisors Inc. Boosts Stock Holdings in iShares Core 1-5 Year USD Bond ETF $ISTB

McClarren Financial Advisors Inc. increased its stake in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 1,438.8% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 95,834 shares of the company’s stock after purchasing an additional 89,606 shares during the period. iShares Core 1-5 Year USD Bond ETF makes up 2.8% of McClarren Financial Advisors Inc.’s holdings, making the stock its 10th largest position. McClarren Financial Advisors Inc. owned approximately 0.10% of iShares Core 1-5 Year USD Bond ETF worth $4,644,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in the company. Rockefeller Capital Management L.P. boosted its position in shares of iShares Core 1-5 Year USD Bond ETF by 155.8% during the fourth quarter. Rockefeller Capital Management L.P. now owns 7,237 shares of the company’s stock worth $353,000 after buying an additional 4,408 shares during the period. World Investment Advisors acquired a new stake in iShares Core 1-5 Year USD Bond ETF in the 4th quarter valued at approximately $398,000. Rehmann Capital Advisory Group lifted its stake in iShares Core 1-5 Year USD Bond ETF by 10.4% in the 4th quarter. Rehmann Capital Advisory Group now owns 6,196 shares of the company’s stock valued at $302,000 after acquiring an additional 584 shares in the last quarter. SHP Wealth Management bought a new stake in iShares Core 1-5 Year USD Bond ETF in the 4th quarter valued at approximately $70,668,000. Finally, Banque Transatlantique SA lifted its stake in iShares Core 1-5 Year USD Bond ETF by 47.4% in the 4th quarter. Banque Transatlantique SA now owns 2,126 shares of the company’s stock valued at $104,000 after acquiring an additional 684 shares in the last quarter.

iShares Core 1-5 Year USD Bond ETF Price Performance

NASDAQ:ISTB opened at $48.17 on Friday. The company has a market cap of $4.72 billion, a P/E ratio of 10.99 and a beta of 0.11. iShares Core 1-5 Year USD Bond ETF has a twelve month low of $48.02 and a twelve month high of $49.05. The business has a 50 day moving average price of $48.30 and a two-hundred day moving average price of $48.56.

iShares Core 1-5 Year USD Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, June 4th. Stockholders of record on Monday, June 1st were given a $0.172 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date of this dividend was Monday, June 1st.

iShares Core 1-5 Year USD Bond ETF Company 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.