Valmark Advisers Inc. Cuts Stock Position in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB)

Valmark Advisers Inc. lowered its stake in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 1.6% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 48,466 shares of the company’s stock after selling 771 shares during the period. Valmark Advisers Inc.’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $2,305,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Truist Financial Corp lifted its position in iShares Core 1-5 Year USD Bond ETF by 21.9% in the 4th quarter. Truist Financial Corp now owns 16,147 shares of the company’s stock valued at $768,000 after acquiring an additional 2,897 shares in the last quarter. Spinnaker Trust lifted its position in iShares Core 1-5 Year USD Bond ETF by 3,449.7% in the 4th quarter. Spinnaker Trust now owns 1,210,386 shares of the company’s stock valued at $57,566,000 after acquiring an additional 1,176,288 shares in the last quarter. Pittenger & Anderson Inc. lifted its position in iShares Core 1-5 Year USD Bond ETF by 10.5% in the 4th quarter. Pittenger & Anderson Inc. now owns 278,561 shares of the company’s stock valued at $13,248,000 after acquiring an additional 26,457 shares in the last quarter. Bfsg LLC bought a new position in iShares Core 1-5 Year USD Bond ETF in the 4th quarter valued at approximately $114,000. Finally, Northwest Capital Management Inc lifted its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 11.3% during the 4th quarter. Northwest Capital Management Inc now owns 8,747 shares of the company’s stock valued at $416,000 after buying an additional 891 shares during the period.

iShares Core 1-5 Year USD Bond ETF Stock Performance

Shares of NASDAQ ISTB traded up $0.02 during midday trading on Friday, hitting $46.93. 197,590 shares of the stock traded hands, compared to its average volume of 499,109. The firm has a market capitalization of $4.04 billion, a P/E ratio of 16.67 and a beta of 0.07. iShares Core 1-5 Year USD Bond ETF has a one year low of $45.37 and a one year high of $48.32. The firm has a 50-day moving average of $47.21 and a two-hundred day moving average of $47.09.

iShares Core 1-5 Year USD Bond ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Friday, April 5th. Stockholders of record on Tuesday, April 2nd were paid a $0.1504 dividend. The ex-dividend date was Monday, April 1st. This represents a $1.81 annualized dividend and a dividend yield of 3.85%.

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.