Steel Grove Capital Advisors LLC Sells 2,190 Shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB)

Steel Grove Capital Advisors LLC cut its holdings in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 33.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,305 shares of the company’s stock after selling 2,190 shares during the period. Steel Grove Capital Advisors LLC’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $206,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Golden State Wealth Management LLC bought a new position in iShares Core 1-5 Year USD Bond ETF in the 4th quarter valued at $32,000. Burkett Financial Services LLC increased its holdings in iShares Core 1-5 Year USD Bond ETF by 56.3% during the fourth quarter. Burkett Financial Services LLC now owns 994 shares of the company’s stock worth $47,000 after buying an additional 358 shares during the last quarter. Crews Bank & Trust purchased a new stake in iShares Core 1-5 Year USD Bond ETF during the fourth quarter worth about $90,000. Smartleaf Asset Management LLC raised its position in iShares Core 1-5 Year USD Bond ETF by 136.9% in the fourth quarter. Smartleaf Asset Management LLC now owns 2,210 shares of the company’s stock worth $106,000 after acquiring an additional 1,277 shares during the period. Finally, Bfsg LLC boosted its stake in iShares Core 1-5 Year USD Bond ETF by 15.4% in the fourth quarter. Bfsg LLC now owns 2,850 shares of the company’s stock valued at $136,000 after acquiring an additional 380 shares during the last quarter.

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

NASDAQ:ISTB opened at $48.21 on Wednesday. The stock has a market capitalization of $4.49 billion, a PE ratio of 10.89 and a beta of 0.07. The firm’s 50 day moving average is $48.15 and its 200 day moving average is $48.00. iShares Core 1-5 Year USD Bond ETF has a 12 month low of $46.65 and a 12 month high of $48.75.

iShares Core 1-5 Year USD Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, April 4th. Shareholders of record on Tuesday, April 1st were paid a $0.166 dividend. The ex-dividend date was Tuesday, April 1st. This is a positive change from iShares Core 1-5 Year USD Bond ETF’s previous monthly dividend of $0.16. This represents a $1.99 annualized dividend and a dividend yield of 4.13%.

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.