iShares Core 1-5 Year USD Bond ETF $ISTB Position Trimmed by Arkansas Financial Group Inc.

Arkansas Financial Group Inc. decreased its holdings in shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 4.8% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 137,067 shares of the company’s stock after selling 6,838 shares during the period. iShares Core 1-5 Year USD Bond ETF comprises about 1.0% of Arkansas Financial Group Inc.’s portfolio, making the stock its 22nd largest holding. Arkansas Financial Group Inc. owned approximately 0.15% of iShares Core 1-5 Year USD Bond ETF worth $6,624,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the company. Acorns Advisers LLC grew its position in shares of iShares Core 1-5 Year USD Bond ETF by 1.8% during the first quarter. Acorns Advisers LLC now owns 10,922,893 shares of the company’s stock worth $528,122,000 after acquiring an additional 194,526 shares during the last quarter. Raymond James Financial Inc. grew its position in shares of iShares Core 1-5 Year USD Bond ETF by 5.1% during the first quarter. Raymond James Financial Inc. now owns 1,996,862 shares of the company’s stock worth $96,548,000 after acquiring an additional 96,937 shares during the last quarter. Townsend & Associates Inc grew its position in shares of iShares Core 1-5 Year USD Bond ETF by 6.6% during the first quarter. Townsend & Associates Inc now owns 1,093,148 shares of the company’s stock worth $52,668,000 after acquiring an additional 67,352 shares during the last quarter. Cahaba Wealth Management Inc. grew its position in shares of iShares Core 1-5 Year USD Bond ETF by 4.4% during the first quarter. Cahaba Wealth Management Inc. now owns 965,759 shares of the company’s stock worth $46,694,000 after acquiring an additional 40,380 shares during the last quarter. Finally, Prosperity Planning Inc. grew its position in shares of iShares Core 1-5 Year USD Bond ETF by 2.5% during the second quarter. Prosperity Planning Inc. now owns 855,558 shares of the company’s stock worth $41,623,000 after acquiring an additional 21,049 shares during the last quarter.

iShares Core 1-5 Year USD Bond ETF Stock Performance

iShares Core 1-5 Year USD Bond ETF stock opened at $48.77 on Friday. The company has a 50-day simple moving average of $48.70 and a 200-day simple moving average of $48.41. The firm has a market capitalization of $4.45 billion, a P/E ratio of 10.99 and a beta of 0.07. iShares Core 1-5 Year USD Bond ETF has a one year low of $47.57 and a one year high of $48.98.

iShares Core 1-5 Year USD Bond ETF Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Friday, September 5th. Stockholders of record on Tuesday, September 2nd were given a dividend of $0.1709 per share. The ex-dividend date was Tuesday, September 2nd. This represents a c) annualized dividend and a dividend yield of 4.2%.

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.