Cannon Financial Strategists Inc. Buys 2,302 Shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB)

Cannon Financial Strategists Inc. increased its stake in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 2.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 82,777 shares of the company’s stock after buying an additional 2,302 shares during the period. iShares Core 1-5 Year USD Bond ETF accounts for 0.8% of Cannon Financial Strategists Inc.’s portfolio, making the stock its 18th largest position. Cannon Financial Strategists Inc. owned approximately 0.10% of iShares Core 1-5 Year USD Bond ETF worth $3,937,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Columbus Macro LLC lifted its position in iShares Core 1-5 Year USD Bond ETF by 3.0% during the third quarter. Columbus Macro LLC now owns 35,498 shares of the company’s stock valued at $1,723,000 after buying an additional 1,029 shares during the period. KFA Private Wealth Group LLC increased its stake in shares of iShares Core 1-5 Year USD Bond ETF by 124.5% in the 3rd quarter. KFA Private Wealth Group LLC now owns 113,817 shares of the company’s stock worth $5,541,000 after acquiring an additional 63,130 shares in the last quarter. Cahaba Wealth Management Inc. lifted its position in iShares Core 1-5 Year USD Bond ETF by 4.5% during the 3rd quarter. Cahaba Wealth Management Inc. now owns 882,203 shares of the company’s stock valued at $42,946,000 after acquiring an additional 38,141 shares during the period. Richard W. Paul & Associates LLC boosted its stake in iShares Core 1-5 Year USD Bond ETF by 3.3% during the third quarter. Richard W. Paul & Associates LLC now owns 38,250 shares of the company’s stock worth $1,862,000 after acquiring an additional 1,239 shares in the last quarter. Finally, Onyx Bridge Wealth Group LLC grew its holdings in iShares Core 1-5 Year USD Bond ETF by 136.8% in the third quarter. Onyx Bridge Wealth Group LLC now owns 12,422 shares of the company’s stock worth $605,000 after purchasing an additional 7,177 shares during the period.

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

Shares of ISTB stock traded up $0.05 during trading hours on Friday, hitting $48.28. 199,222 shares of the company’s stock traded hands, compared to its average volume of 397,900. The stock’s fifty day simple moving average is $48.41 and its two-hundred day simple moving average is $47.72. iShares Core 1-5 Year USD Bond ETF has a 12-month low of $45.37 and a 12-month high of $48.75. The stock has a market cap of $4.09 billion, a price-to-earnings ratio of 16.72 and a beta of 0.07.

iShares Core 1-5 Year USD Bond ETF Announces Dividend

The business also recently announced a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were issued 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.