iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) is Spinnaker Trust’s 5th Largest Position

Posted by Cynthia Vaughn on Feb 15th, 2025

Spinnaker Trust increased its holdings in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB – Free Report) by 16.3% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 1,504,770 shares of the company’s stock after acquiring an additional 210,364 shares during the period. iShares Core 1-5 Year USD Bond ETF makes up about 4.5% of Spinnaker Trust’s holdings, making the stock its 5th largest holding. Spinnaker Trust’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $71,883,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in ISTB. Townsend & Associates Inc boosted its position in shares of iShares Core 1-5 Year USD Bond ETF by 3.7% during the third quarter. Townsend & Associates Inc now owns 1,005,279 shares of the company’s stock worth $48,334,000 after buying an additional 35,675 shares during the period. Cahaba Wealth Management Inc. boosted its position in shares of iShares Core 1-5 Year USD Bond ETF by 4.5% during the third quarter. Cahaba Wealth Management Inc. now owns 882,203 shares of the company’s stock worth $42,946,000 after buying an additional 38,141 shares during the period. Prosperity Planning Inc. boosted its position in shares of iShares Core 1-5 Year USD Bond ETF by 6.4% during the fourth quarter. Prosperity Planning Inc. now owns 792,445 shares of the company’s stock worth $37,855,000 after buying an additional 47,752 shares during the period. JPMorgan Chase & Co. boosted its position in shares of iShares Core 1-5 Year USD Bond ETF by 1.1% during the third quarter. JPMorgan Chase & Co. now owns 700,762 shares of the company’s stock worth $34,113,000 after buying an additional 7,741 shares during the period. Finally, Destination Wealth Management boosted its position in shares of iShares Core 1-5 Year USD Bond ETF by 2.9% during the third quarter. Destination Wealth Management now owns 534,405 shares of the company’s stock worth $26,015,000 after buying an additional 15,083 shares during the period.

iShares Core 1-5 Year USD Bond ETF Trading Up 0.2 %

Shares of NASDAQ ISTB opened at $47.96 on Friday. The stock has a market cap of $4.26 billion, a P/E ratio of 16.72 and a beta of 0.07. iShares Core 1-5 Year USD Bond ETF has a 12-month low of $46.65 and a 12-month high of $48.75. The business’s fifty day simple moving average is $47.83 and its 200-day simple moving average is $48.08.

iShares Core 1-5 Year USD Bond ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were paid a $0.1632 dividend. The ex-dividend date was Monday, February 3rd.

iShares Core 1-5 Year USD Bond ETF Company Profile

(Free Report)

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.