Cannon Financial Strategists Inc. Has $4 Million Stake in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB)

Cannon Financial Strategists Inc. grew its holdings in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 4.2% during the fourth quarter, Holdings Channel.com reports. The firm owned 83,651 shares of the company’s stock after buying an additional 3,385 shares during the period. iShares Core 1-5 Year USD Bond ETF comprises about 0.7% of Cannon Financial Strategists Inc.’s portfolio, making the stock its 18th biggest holding. Cannon Financial Strategists Inc.’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $3,996,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Spinnaker Trust increased its holdings in iShares Core 1-5 Year USD Bond ETF by 16.3% in the fourth quarter. Spinnaker Trust now owns 1,504,770 shares of the company’s stock worth $71,883,000 after buying an additional 210,364 shares during the last quarter. Fiduciary Advisors Inc. acquired a new position in iShares Core 1-5 Year USD Bond ETF in the fourth quarter worth approximately $7,913,000. Boyd Wealth Management LLC acquired a new position in iShares Core 1-5 Year USD Bond ETF in the third quarter worth approximately $7,841,000. Values First Advisors Inc. acquired a new position in iShares Core 1-5 Year USD Bond ETF in the third quarter worth approximately $7,611,000. Finally, Life Planning Partners Inc acquired a new position in iShares Core 1-5 Year USD Bond ETF in the fourth quarter worth approximately $5,493,000.

iShares Core 1-5 Year USD Bond ETF Stock Performance

NASDAQ:ISTB opened at $47.90 on Wednesday. iShares Core 1-5 Year USD Bond ETF has a 52 week low of $46.65 and a 52 week high of $48.75. The stock’s 50 day moving average price is $47.83 and its 200 day moving average price is $48.08. The company has a market capitalization of $4.28 billion, a P/E ratio of 16.46 and a beta of 0.10.

iShares Core 1-5 Year USD Bond ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were issued a dividend of $0.1632 per share. The ex-dividend date was Monday, February 3rd.

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.