Sunburst Financial Group LLC Sells 6,274 Shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB)

Sunburst Financial Group LLC lessened its holdings in shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 22.5% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 21,572 shares of the company’s stock after selling 6,274 shares during the period. Sunburst Financial Group LLC’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $1,030,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in ISTB. Life Planning Partners Inc acquired a new stake in shares of iShares Core 1-5 Year USD Bond ETF during the 4th quarter worth $5,493,000. Morris Financial Concepts Inc. grew its stake in iShares Core 1-5 Year USD Bond ETF by 0.7% during the fourth quarter. Morris Financial Concepts Inc. now owns 168,910 shares of the company’s stock worth $8,069,000 after buying an additional 1,156 shares in the last quarter. McClarren Financial Advisors Inc. increased its holdings in iShares Core 1-5 Year USD Bond ETF by 255.4% in the 4th quarter. McClarren Financial Advisors Inc. now owns 58,355 shares of the company’s stock valued at $2,787,000 after buying an additional 41,934 shares during the period. Leavell Investment Management Inc. raised its position in shares of iShares Core 1-5 Year USD Bond ETF by 8.0% in the 4th quarter. Leavell Investment Management Inc. now owns 13,154 shares of the company’s stock valued at $628,000 after buying an additional 970 shares in the last quarter. Finally, Opal Wealth Advisors LLC lifted its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 1.3% during the 4th quarter. Opal Wealth Advisors LLC now owns 340,591 shares of the company’s stock worth $16,270,000 after acquiring an additional 4,271 shares during the period.

iShares Core 1-5 Year USD Bond ETF Trading Up 0.2 %

NASDAQ ISTB opened at $47.87 on Friday. The firm’s 50 day simple moving average is $47.84 and its 200 day simple moving average is $48.08. The firm has a market capitalization of $4.26 billion, a price-to-earnings ratio of 16.72 and a beta of 0.07. 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 firm also recently announced a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were issued a $0.1632 dividend. The ex-dividend date of this dividend was Monday, February 3rd.

iShares Core 1-5 Year USD Bond ETF Company 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.