iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) Shares Purchased by McClarren Financial Advisors Inc.

McClarren Financial Advisors Inc. grew its stake in shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 255.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 58,355 shares of the company’s stock after purchasing an additional 41,934 shares during the quarter. iShares Core 1-5 Year USD Bond ETF makes up about 7.6% of McClarren Financial Advisors Inc.’s holdings, making the stock its 2nd biggest position. McClarren Financial Advisors Inc. owned 0.07% of iShares Core 1-5 Year USD Bond ETF worth $2,787,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also modified their holdings of the stock. Golden State Wealth Management LLC acquired a new stake in iShares Core 1-5 Year USD Bond ETF during the 4th quarter worth $32,000. Burkett Financial Services LLC increased its position in shares of iShares Core 1-5 Year USD Bond ETF by 56.3% during 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 in the last quarter. Bogart Wealth LLC increased its position in shares of iShares Core 1-5 Year USD Bond ETF by 40.7% during the third quarter. Bogart Wealth LLC now owns 992 shares of the company’s stock worth $48,000 after purchasing an additional 287 shares in the last quarter. Crews Bank & Trust purchased a new stake in shares of iShares Core 1-5 Year USD Bond ETF in the 4th quarter valued at about $90,000. Finally, Northwest Investment Counselors LLC acquired a new stake in shares of iShares Core 1-5 Year USD Bond ETF in the 3rd quarter valued at about $130,000.

iShares Core 1-5 Year USD Bond ETF Stock Down 0.2 %

NASDAQ:ISTB opened at $47.77 on Thursday. The company has a market capitalization of $4.25 billion, a PE ratio of 16.72 and a beta of 0.07. 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 $47.84 and its 200 day moving average price is $48.08.

iShares Core 1-5 Year USD Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were given a dividend of $0.1632 per share. The ex-dividend date was Monday, February 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.