Cannon Financial Strategists Inc. Raises Position in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB)

Cannon Financial Strategists Inc. grew its position in shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 2.9% during the third quarter, HoldingsChannel reports. The institutional investor owned 82,777 shares of the company’s stock after purchasing an additional 2,302 shares during the period. iShares Core 1-5 Year USD Bond ETF comprises 0.8% of Cannon Financial Strategists Inc.’s investment portfolio, making the stock its 18th largest position. Cannon Financial Strategists Inc.’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $3,937,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in ISTB. Meeder Asset Management Inc. lifted its stake in iShares Core 1-5 Year USD Bond ETF by 5.6% during the 1st quarter. Meeder Asset Management Inc. now owns 112,202 shares of the company’s stock valued at $5,323,000 after acquiring an additional 5,946 shares during the period. Rothschild Investment LLC purchased a new stake in iShares Core 1-5 Year USD Bond ETF during the 2nd quarter valued at $57,000. Affinity Capital Advisors LLC lifted its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 45.9% during the 1st quarter. Affinity Capital Advisors LLC now owns 11,092 shares of the company’s stock valued at $526,000 after buying an additional 3,492 shares during the period. NewEdge Advisors LLC boosted its stake in shares of iShares Core 1-5 Year USD Bond ETF by 26.7% in the 2nd quarter. NewEdge Advisors LLC now owns 28,857 shares of the company’s stock worth $1,367,000 after buying an additional 6,090 shares during the last quarter. Finally, First PREMIER Bank grew its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 3.1% in the first quarter. First PREMIER Bank now owns 25,333 shares of the company’s stock worth $1,202,000 after acquiring an additional 760 shares during the period.

iShares Core 1-5 Year USD Bond ETF Trading Up 0.1 %

ISTB stock traded up $0.05 during trading on Friday, reaching $48.28. The stock had a trading volume of 199,222 shares, compared to its average volume of 397,900. The firm has a market cap of $4.09 billion, a PE ratio of 16.72 and a beta of 0.07. The stock’s 50 day moving average is $48.41 and its two-hundred day moving average is $47.72. iShares Core 1-5 Year USD Bond ETF has a 52 week low of $45.37 and a 52 week high of $48.75.

iShares Core 1-5 Year USD Bond ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were paid a $0.1598 dividend. The ex-dividend date of this dividend was Tuesday, September 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.