Ballast Financial Advisors LLC Purchases New Position in iShares Core 1-5 Year USD Bond ETF $ISTB

Ballast Financial Advisors LLC purchased a new stake in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 213,148 shares of the company’s stock, valued at approximately $10,391,000. iShares Core 1-5 Year USD Bond ETF makes up about 10.7% of Ballast Financial Advisors LLC’s holdings, making the stock its 3rd biggest position.

Other institutional investors have also bought and sold shares of the company. Equitable Holdings Inc. boosted its stake in iShares Core 1-5 Year USD Bond ETF by 4.5% in the fourth quarter. Equitable Holdings Inc. now owns 110,643 shares of the company’s stock worth $5,394,000 after purchasing an additional 4,744 shares in the last quarter. Townsend Financial Planning LLC acquired a new stake in shares of iShares Core 1-5 Year USD Bond ETF in the fourth quarter valued at $6,199,000. Miller Capital Partners Inc. acquired a new stake in shares of iShares Core 1-5 Year USD Bond ETF in the fourth quarter valued at $128,000. State of Wisconsin Investment Board increased its stake in shares of iShares Core 1-5 Year USD Bond ETF by 1.4% in the fourth quarter. State of Wisconsin Investment Board now owns 5,312,625 shares of the company’s stock valued at $258,990,000 after buying an additional 71,400 shares in the last quarter. Finally, MML Investors Services LLC increased its stake in shares of iShares Core 1-5 Year USD Bond ETF by 6.4% in the fourth quarter. MML Investors Services LLC now owns 188,012 shares of the company’s stock valued at $9,166,000 after buying an additional 11,328 shares in the last quarter.

iShares Core 1-5 Year USD Bond ETF Stock Performance

Shares of NASDAQ:ISTB opened at $48.10 on Thursday. 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 firm has a market cap of $4.71 billion, a PE ratio of 10.99 and a beta of 0.11. The business has a fifty day moving average of $48.31 and a 200-day moving average of $48.57.

iShares Core 1-5 Year USD Bond ETF Cuts Dividend

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

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.