Rooted Wealth Advisors Inc. Grows Position in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB)

Rooted Wealth Advisors Inc. raised its stake in shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 28.7% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 71,629 shares of the company’s stock after purchasing an additional 15,972 shares during the period. iShares Core 1-5 Year USD Bond ETF accounts for about 1.3% of Rooted Wealth Advisors Inc.’s investment portfolio, making the stock its 18th biggest holding. Rooted Wealth Advisors Inc.’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $3,419,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Golden State Wealth Management LLC purchased a new position in shares of iShares Core 1-5 Year USD Bond ETF during the 4th quarter valued at about $32,000. Bogart Wealth LLC lifted its holdings in 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 valued at $48,000 after purchasing an additional 287 shares in the last quarter. Burkett Financial Services LLC boosted its position in shares of iShares Core 1-5 Year USD Bond ETF by 56.3% in 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 during the period. Crews Bank & Trust purchased a new stake in shares of iShares Core 1-5 Year USD Bond ETF in the fourth quarter worth $90,000. Finally, Northwest Investment Counselors LLC bought a new stake in shares of iShares Core 1-5 Year USD Bond ETF during the 3rd quarter valued at $130,000.

iShares Core 1-5 Year USD Bond ETF Stock Performance

ISTB opened at $47.87 on Friday. The stock has a market cap of $4.26 billion, a price-to-earnings ratio of 16.72 and a beta of 0.07. The firm’s fifty day moving average is $47.84 and its 200 day moving average is $48.08. iShares Core 1-5 Year USD Bond ETF has a fifty-two week low of $46.65 and a fifty-two week high of $48.75.

iShares Core 1-5 Year USD Bond ETF Cuts Dividend

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