Studio Investment Management LLC Decreases Stake in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB)

Studio Investment Management LLC decreased its holdings in shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 1.4% in the second quarter, Holdings Channel.com reports. The institutional investor owned 51,068 shares of the company’s stock after selling 736 shares during the quarter. Studio Investment Management LLC’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $2,419,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of ISTB. International Assets Investment Management LLC purchased a new stake in iShares Core 1-5 Year USD Bond ETF during the 4th quarter valued at about $567,000. Truist Financial Corp grew its position in shares of iShares Core 1-5 Year USD Bond ETF by 21.9% in the fourth quarter. Truist Financial Corp now owns 16,147 shares of the company’s stock valued at $768,000 after purchasing an additional 2,897 shares in the last quarter. Vantage Financial Partners LLC grew its position in shares of iShares Core 1-5 Year USD Bond ETF by 3.5% in the fourth quarter. Vantage Financial Partners LLC now owns 99,946 shares of the company’s stock valued at $4,753,000 after purchasing an additional 3,401 shares in the last quarter. Concourse Financial Group Securities Inc. increased its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 36.6% in the fourth quarter. Concourse Financial Group Securities Inc. now owns 1,504 shares of the company’s stock valued at $72,000 after purchasing an additional 403 shares during the last quarter. Finally, BNP Paribas Financial Markets lifted its position in iShares Core 1-5 Year USD Bond ETF by 7,411.5% during the fourth quarter. BNP Paribas Financial Markets now owns 16,300 shares of the company’s stock worth $775,000 after buying an additional 16,083 shares in the last quarter.

iShares Core 1-5 Year USD Bond ETF Stock Performance

NASDAQ ISTB opened at $48.60 on Wednesday. iShares Core 1-5 Year USD Bond ETF has a fifty-two week low of $45.37 and a fifty-two week high of $48.60. The firm has a market capitalization of $4.20 billion, a P/E ratio of 16.72 and a beta of 0.07. The stock’s fifty day moving average is $48.01 and its two-hundred day moving average is $47.50.

iShares Core 1-5 Year USD Bond ETF Announces Dividend

The company also recently declared a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were given a dividend of $0.1598 per share. The ex-dividend date was Tuesday, September 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.