Mine & Arao Wealth Creation & Management LLC. Lowers Position in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB)

Mine & Arao Wealth Creation & Management LLC. trimmed its position in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 12.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 13,720 shares of the company’s stock after selling 1,875 shares during the period. Mine & Arao Wealth Creation & Management LLC.’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $655,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Fiduciary Advisors Inc. bought a new position in shares of iShares Core 1-5 Year USD Bond ETF during the 4th quarter valued at approximately $7,913,000. Boyd Wealth Management LLC boosted its position in shares of iShares Core 1-5 Year USD Bond ETF by 51.5% in the fourth quarter. Boyd Wealth Management LLC now owns 244,111 shares of the company’s stock worth $11,661,000 after purchasing an additional 83,031 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. McKinley Carter Wealth Services Inc. raised its position in shares of iShares Core 1-5 Year USD Bond ETF by 6.4% during the 4th quarter. McKinley Carter Wealth Services Inc. now owns 212,797 shares of the company’s stock valued at $10,165,000 after purchasing an additional 12,775 shares during the period. Finally, KFA Private Wealth Group LLC lifted its stake in shares of iShares Core 1-5 Year USD Bond ETF by 20.1% during the 4th quarter. KFA Private Wealth Group LLC now owns 136,655 shares of the company’s stock valued at $6,528,000 after buying an additional 22,838 shares in the last quarter.

iShares Core 1-5 Year USD Bond ETF Price Performance

ISTB stock opened at $48.04 on Friday. The company has a market capitalization of $4.26 billion, a price-to-earnings ratio of 16.72 and a beta of 0.07. The business has a 50 day simple moving average of $47.85 and a two-hundred day simple moving average of $48.06. iShares Core 1-5 Year USD Bond ETF has a 1-year low of $46.65 and a 1-year high of $48.75.

iShares Core 1-5 Year USD Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were given a $0.1587 dividend. The ex-dividend date was Wednesday, December 18th. This represents a $1.90 dividend on an annualized basis and a yield of 3.96%.

iShares Core 1-5 Year USD Bond ETF Profile

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.