Stephens Consulting LLC Has $420,000 Position in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB)

Stephens Consulting LLC reduced its position in shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 31.2% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 8,858 shares of the company’s stock after selling 4,022 shares during the quarter. Stephens Consulting LLC’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $420,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Spinnaker Trust boosted its holdings in iShares Core 1-5 Year USD Bond ETF by 3,449.7% in the fourth quarter. Spinnaker Trust now owns 1,210,386 shares of the company’s stock worth $57,566,000 after purchasing an additional 1,176,288 shares in the last quarter. Raymond James & Associates boosted its holdings in iShares Core 1-5 Year USD Bond ETF by 7.6% in the fourth quarter. Raymond James & Associates now owns 1,161,463 shares of the company’s stock worth $55,239,000 after purchasing an additional 82,192 shares in the last quarter. Townsend & Associates Inc boosted its holdings in iShares Core 1-5 Year USD Bond ETF by 81.0% in the fourth quarter. Townsend & Associates Inc now owns 924,206 shares of the company’s stock worth $43,854,000 after purchasing an additional 413,561 shares in the last quarter. Cahaba Wealth Management Inc. boosted its holdings in iShares Core 1-5 Year USD Bond ETF by 5.4% during the fourth quarter. Cahaba Wealth Management Inc. now owns 718,464 shares of the company’s stock valued at $34,170,000 after acquiring an additional 36,499 shares during the period. Finally, International Assets Investment Management LLC bought a new stake in iShares Core 1-5 Year USD Bond ETF during the fourth quarter valued at about $26,964,000.

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

ISTB stock traded down $0.05 during mid-day trading on Friday, reaching $47.37. 351,224 shares of the stock traded hands, compared to its average volume of 438,928. iShares Core 1-5 Year USD Bond ETF has a 52 week low of $45.37 and a 52 week high of $48.32. The business has a 50-day moving average of $47.21 and a two-hundred day moving average of $47.30. The firm has a market capitalization of $4.06 billion, a PE ratio of 16.72 and a beta of 0.07.

iShares Core 1-5 Year USD Bond ETF Announces Dividend

The company also recently declared a monthly dividend, which was paid on Friday, June 7th. Shareholders of record on Monday, June 3rd were issued a dividend of $0.1497 per share. This represents a $1.80 dividend on an annualized basis and a yield of 3.79%. The ex-dividend date of this dividend was Monday, June 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.