Evensky & Katz LLC Increases Holdings in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB)

Evensky & Katz LLC raised its stake in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 4.6% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 12,390 shares of the company’s stock after buying an additional 540 shares during the quarter. Evensky & Katz LLC’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $592,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of ISTB. Raymond James Financial Inc. purchased a new position in iShares Core 1-5 Year USD Bond ETF in the fourth quarter worth approximately $90,759,000. Acorns Advisers LLC increased its position in shares of iShares Core 1-5 Year USD Bond ETF by 4.9% during the 4th quarter. Acorns Advisers LLC now owns 10,728,367 shares of the company’s stock worth $512,494,000 after purchasing an additional 497,728 shares during the last quarter. Spinnaker Trust raised 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 valued at $71,883,000 after buying an additional 210,364 shares during the period. Bank of New York Mellon Corp acquired a new position in iShares Core 1-5 Year USD Bond ETF in the fourth quarter valued at about $9,491,000. Finally, Fiduciary Advisors Inc. purchased a new position in iShares Core 1-5 Year USD Bond ETF during the fourth quarter worth about $7,913,000.

iShares Core 1-5 Year USD Bond ETF Stock Performance

iShares Core 1-5 Year USD Bond ETF stock opened at $48.17 on Friday. The company’s 50 day simple moving average is $48.21 and its 200-day simple moving average is $48.01. iShares Core 1-5 Year USD Bond ETF has a 1 year low of $47.04 and a 1 year high of $48.75. The company has a market capitalization of $4.50 billion, a price-to-earnings ratio of 10.99 and a beta of 0.07.

iShares Core 1-5 Year USD Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, May 6th. Stockholders of record on Thursday, May 1st were given a dividend of $0.1638 per share. The ex-dividend date of this dividend was Thursday, May 1st. This represents a $1.97 annualized dividend and a dividend yield of 4.08%.

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.