iShares Core 1-5 Year USD Bond ETF $ISTB Shares Bought by Johnson Financial Group Inc.

Johnson Financial Group Inc. grew its holdings in shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 8.3% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 559,017 shares of the company’s stock after acquiring an additional 42,751 shares during the period. iShares Core 1-5 Year USD Bond ETF accounts for 1.0% of Johnson Financial Group Inc.’s portfolio, making the stock its 15th biggest position. Johnson Financial Group Inc.’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $27,090,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also made changes to their positions in the company. Parallel Advisors LLC raised its holdings in iShares Core 1-5 Year USD Bond ETF by 35.6% in the first quarter. Parallel Advisors LLC now owns 3,603 shares of the company’s stock valued at $175,000 after acquiring an additional 945 shares in the last quarter. Aviance Capital Partners LLC increased its position in shares of iShares Core 1-5 Year USD Bond ETF by 9.3% in the 1st quarter. Aviance Capital Partners LLC now owns 10,229 shares of the company’s stock worth $496,000 after purchasing an additional 874 shares during the last quarter. Bartlett & CO. Wealth Management LLC increased its position in shares of iShares Core 1-5 Year USD Bond ETF by 33.3% in the 1st quarter. Bartlett & CO. Wealth Management LLC now owns 741,304 shares of the company’s stock worth $35,875,000 after purchasing an additional 185,134 shares during the last quarter. Prosperity Consulting Group LLC acquired a new stake in shares of iShares Core 1-5 Year USD Bond ETF in the 1st quarter valued at about $231,000. Finally, BCM Advisors LLC lifted its position in shares of iShares Core 1-5 Year USD Bond ETF by 4.1% during the first quarter. BCM Advisors LLC now owns 70,639 shares of the company’s stock worth $3,407,000 after purchasing an additional 2,764 shares during the last quarter.

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

Shares of NASDAQ ISTB opened at $48.06 on Tuesday. The stock’s 50 day moving average price is $48.16 and its two-hundred day moving average price is $48.47. iShares Core 1-5 Year USD Bond ETF has a 52-week low of $47.95 and a 52-week high of $49.05. The stock has a market capitalization of $5.08 billion, a P/E ratio of 10.99 and a beta of 0.11.

iShares Core 1-5 Year USD Bond ETF Cuts Dividend

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

iShares Core 1-5 Year USD Bond ETF 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.