Geneos Wealth Management Inc. Buys 36,345 Shares of iShares Core 1-5 Year USD Bond ETF $ISTB

Geneos Wealth Management Inc. increased its position in shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 6.7% during the first quarter, Holdings Channel.com reports. The institutional investor owned 581,180 shares of the company’s stock after purchasing an additional 36,345 shares during the period. Geneos Wealth Management Inc.’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $28,164,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in ISTB. Sigma Planning Corp grew its position in shares of iShares Core 1-5 Year USD Bond ETF by 6.3% in the 1st quarter. Sigma Planning Corp now owns 7,212 shares of the company’s stock valued at $349,000 after acquiring an additional 426 shares during the period. Cornerstone Advisory LLC acquired a new stake in iShares Core 1-5 Year USD Bond ETF in the 1st quarter valued at about $223,000. Lutz Financial Services LLC lifted its stake in iShares Core 1-5 Year USD Bond ETF by 0.9% in the 1st quarter. Lutz Financial Services LLC now owns 94,905 shares of the company’s stock valued at $4,599,000 after purchasing an additional 833 shares during the last quarter. Chicago Partners Investment Group LLC grew its holdings in iShares Core 1-5 Year USD Bond ETF by 4.3% during the first quarter. Chicago Partners Investment Group LLC now owns 10,844 shares of the company’s stock worth $526,000 after purchasing an additional 448 shares during the period. Finally, FPC Investment Advisory Inc. grew its holdings in iShares Core 1-5 Year USD Bond ETF by 8.0% during the first quarter. FPC Investment Advisory Inc. now owns 653,483 shares of the company’s stock worth $31,733,000 after purchasing an additional 48,206 shares during the period.

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

ISTB opened at $48.10 on Thursday. iShares Core 1-5 Year USD Bond ETF has a 1-year low of $47.95 and a 1-year high of $49.05. The stock has a market cap of $5.08 billion, a PE ratio of 10.99 and a beta of 0.11. The stock’s fifty day simple moving average is $48.17 and its 200 day simple moving average is $48.48.

iShares Core 1-5 Year USD Bond ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st were paid a $0.1713 dividend. The ex-dividend date was Wednesday, July 1st.

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.