Wealth Management Resources Inc. Has $8.46 Million Stock Position in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB)

Wealth Management Resources Inc. lifted its holdings in shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 6.0% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 178,380 shares of the company’s stock after purchasing an additional 10,156 shares during the quarter. iShares Core 1-5 Year USD Bond ETF makes up about 3.7% of Wealth Management Resources Inc.’s holdings, making the stock its 12th biggest position. Wealth Management Resources Inc. owned approximately 0.21% of iShares Core 1-5 Year USD Bond ETF worth $8,462,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Cape Investment Advisory Inc. acquired a new position in iShares Core 1-5 Year USD Bond ETF in the 4th quarter valued at $25,000. Wetzel Investment Advisors Inc. acquired a new position in iShares Core 1-5 Year USD Bond ETF in the 4th quarter valued at $30,000. ORG Partners LLC grew its stake in iShares Core 1-5 Year USD Bond ETF by 68.0% in the 4th quarter. ORG Partners LLC now owns 776 shares of the company’s stock valued at $37,000 after buying an additional 314 shares during the last quarter. Pacifica Partners Inc. grew its stake in iShares Core 1-5 Year USD Bond ETF by 102.3% in the 1st quarter. Pacifica Partners Inc. now owns 1,038 shares of the company’s stock valued at $49,000 after buying an additional 525 shares during the last quarter. Finally, Elevate Wealth Advisory Inc. acquired a new position in iShares Core 1-5 Year USD Bond ETF in the 4th quarter valued at $60,000.

iShares Core 1-5 Year USD Bond ETF Price Performance

NASDAQ:ISTB traded up $0.12 during midday trading on Thursday, reaching $47.36. The stock had a trading volume of 363,026 shares, compared to its average volume of 438,522. iShares Core 1-5 Year USD Bond ETF has a 1-year low of $45.37 and a 1-year high of $48.32. The firm’s fifty day simple moving average is $47.22 and its 200-day simple moving average is $47.30. The stock has a market capitalization of $4.06 billion, a P/E ratio of 16.72 and a beta of 0.07.

iShares Core 1-5 Year USD Bond ETF Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Friday, July 5th. Shareholders of record on Monday, July 1st will be issued a $0.1508 dividend. This represents a $1.81 dividend on an annualized basis and a yield of 3.82%. The ex-dividend date is Monday, July 1st.

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.