Valmark Advisers Inc. Has $2.99 Million Stake in iShares Core 1-5 Year USD Bond ETF $ISTB

Valmark Advisers Inc. lifted its holdings in shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 30.8% in the 4th quarter, Holdings Channel reports. The institutional investor owned 61,274 shares of the company’s stock after acquiring an additional 14,423 shares during the period. Valmark Advisers Inc.’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $2,987,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. grew its holdings in iShares Core 1-5 Year USD Bond ETF by 1.4% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 15,426 shares of the company’s stock valued at $753,000 after purchasing an additional 208 shares during the period. Spire Wealth Management grew its holdings in iShares Core 1-5 Year USD Bond ETF by 37.5% during the fourth quarter. Spire Wealth Management now owns 800 shares of the company’s stock valued at $39,000 after purchasing an additional 218 shares during the period. Bfsg LLC grew its holdings in iShares Core 1-5 Year USD Bond ETF by 7.4% during the third quarter. Bfsg LLC now owns 3,196 shares of the company’s stock valued at $156,000 after purchasing an additional 219 shares during the period. Silverlake Wealth Management LLC grew its holdings in iShares Core 1-5 Year USD Bond ETF by 4.7% during the third quarter. Silverlake Wealth Management LLC now owns 5,161 shares of the company’s stock valued at $252,000 after purchasing an additional 231 shares during the period. Finally, Centaurus Financial Inc. grew its holdings in iShares Core 1-5 Year USD Bond ETF by 7.6% during the third quarter. Centaurus Financial Inc. now owns 3,759 shares of the company’s stock valued at $184,000 after purchasing an additional 265 shares during the period.

iShares Core 1-5 Year USD Bond ETF Stock Performance

Shares of NASDAQ ISTB opened at $48.52 on Thursday. The stock has a market cap of $4.75 billion, a P/E ratio of 10.99 and a beta of 0.12. The firm has a 50 day moving average price of $48.62 and a 200 day moving average price of $48.73. iShares Core 1-5 Year USD Bond ETF has a 52-week low of $48.06 and a 52-week high of $49.05.

iShares Core 1-5 Year USD Bond ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Tuesday, April 7th. Investors of record on Wednesday, April 1st were issued a dividend of $0.1748 per share. The ex-dividend date was Wednesday, April 1st.

iShares Core 1-5 Year USD Bond ETF Company 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.