Baker Avenue Asset Management LP Sells 38,577 Shares of iShares Core 1-5 Year USD Bond ETF $ISTB

Baker Avenue Asset Management LP reduced its stake in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 58.7% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 27,137 shares of the company’s stock after selling 38,577 shares during the quarter. Baker Avenue Asset Management LP’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $1,323,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the stock. Concurrent Investment Advisors LLC raised its holdings in iShares Core 1-5 Year USD Bond ETF by 4.8% in the 4th quarter. Concurrent Investment Advisors LLC now owns 4,530 shares of the company’s stock worth $221,000 after purchasing an additional 206 shares during the period. Evensky & Katz LLC lifted its position in shares of iShares Core 1-5 Year USD Bond ETF by 1.6% in the fourth quarter. Evensky & Katz LLC now owns 13,241 shares of the company’s stock valued at $646,000 after acquiring an additional 208 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in shares of iShares Core 1-5 Year USD Bond ETF by 1.4% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 15,426 shares of the company’s stock valued at $753,000 after acquiring an additional 208 shares in the last quarter. Spire Wealth Management lifted its position in shares of iShares Core 1-5 Year USD Bond ETF by 37.5% in the fourth quarter. Spire Wealth Management now owns 800 shares of the company’s stock valued at $39,000 after acquiring an additional 218 shares in the last quarter. Finally, Centaurus Financial Inc. lifted its position in shares of iShares Core 1-5 Year USD Bond ETF by 7.6% in the third quarter. Centaurus Financial Inc. now owns 3,759 shares of the company’s stock valued at $184,000 after acquiring an additional 265 shares in the last quarter.

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

Shares of iShares Core 1-5 Year USD Bond ETF stock opened at $48.39 on Friday. The stock’s 50-day simple moving average is $48.36 and its 200-day simple moving average is $48.63. iShares Core 1-5 Year USD Bond ETF has a 52 week low of $48.03 and a 52 week high of $49.05. The company has a market capitalization of $4.74 billion, a price-to-earnings ratio of 10.99 and a beta of 0.11.

iShares Core 1-5 Year USD Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, May 6th. Stockholders of record on Friday, May 1st were given a $0.1722 dividend. This represents a c) annualized dividend and a dividend yield of 4.3%. The ex-dividend date was Friday, May 1st.

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.