Michael A. Dubis Financial Planning LLC Makes New Investment in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB)

Michael A. Dubis Financial Planning LLC purchased a new stake in shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 18,415 shares of the company’s stock, valued at approximately $880,000. iShares Core 1-5 Year USD Bond ETF accounts for 0.9% of Michael A. Dubis Financial Planning LLC’s holdings, making the stock its 23rd largest position.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Golden State Wealth Management LLC bought a new stake in iShares Core 1-5 Year USD Bond ETF during the 4th quarter worth approximately $32,000. Burkett Financial Services LLC increased its holdings 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 period. Crews Bank & Trust purchased 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 boosted its stake in iShares Core 1-5 Year USD Bond ETF by 136.9% during the fourth quarter. Smartleaf Asset Management LLC now owns 2,210 shares of the company’s stock valued at $106,000 after buying an additional 1,277 shares during the period. Finally, FMR LLC grew its position in 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 buying an additional 2,408 shares in the last quarter.

iShares Core 1-5 Year USD Bond ETF Stock Up 0.3 %

NASDAQ:ISTB opened at $48.32 on Friday. The stock has a market cap of $4.29 billion, a P/E ratio of 10.96 and a beta of 0.10. The business’s 50-day moving average price is $48.06 and its two-hundred day moving average price is $48.06. iShares Core 1-5 Year USD Bond ETF has a twelve month low of $46.65 and a twelve month high of $48.75.

iShares Core 1-5 Year USD Bond ETF Cuts Dividend

The business also recently announced 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 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.