Level Four Advisory Services LLC Reduces Stock Holdings in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB)

Level Four Advisory Services LLC lessened its stake in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 16.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 6,934 shares of the company’s stock after selling 1,330 shares during the quarter. Level Four Advisory Services LLC’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $331,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. Raymond James Financial Inc. acquired a new position in shares of iShares Core 1-5 Year USD Bond ETF during the fourth quarter worth $90,759,000. Spinnaker Trust lifted its holdings in iShares Core 1-5 Year USD Bond ETF by 16.3% in the 4th quarter. Spinnaker Trust now owns 1,504,770 shares of the company’s stock worth $71,883,000 after buying an additional 210,364 shares in the last quarter. Bank of New York Mellon Corp purchased a new position in iShares Core 1-5 Year USD Bond ETF in the 4th quarter valued at about $9,491,000. Fiduciary Advisors Inc. purchased a new position in iShares Core 1-5 Year USD Bond ETF in the 4th quarter valued at about $7,913,000. Finally, Clune & Associates LTD. acquired a new stake in shares of iShares Core 1-5 Year USD Bond ETF during the fourth quarter valued at about $6,481,000.

iShares Core 1-5 Year USD Bond ETF Stock Performance

NASDAQ:ISTB opened at $48.35 on Tuesday. The stock has a market cap of $4.30 billion, a price-to-earnings ratio of 10.96 and a beta of 0.07. iShares Core 1-5 Year USD Bond ETF has a one year low of $46.65 and a one year high of $48.75. The business’s 50-day simple moving average is $48.07 and its 200 day simple moving average is $48.05.

iShares Core 1-5 Year USD Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were given a $0.1568 dividend. The ex-dividend date was Monday, March 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.