Mine & Arao Wealth Creation & Management LLC. Decreases Position in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB)

Mine & Arao Wealth Creation & Management LLC. lessened its stake in shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 12.0% during the 4th quarter, Holdings Channel reports. The firm owned 13,720 shares of the company’s stock after selling 1,875 shares during the quarter. Mine & Arao Wealth Creation & Management LLC.’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $655,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently made changes to their positions in the company. FMR LLC grew its holdings in iShares Core 1-5 Year USD Bond ETF by 556.1% during the third quarter. FMR LLC now owns 2,841 shares of the company’s stock worth $138,000 after acquiring an additional 2,408 shares during the period. Stifel Financial Corp raised its position in shares of iShares Core 1-5 Year USD Bond ETF by 23.0% in the third quarter. Stifel Financial Corp now owns 29,089 shares of the company’s stock worth $1,416,000 after acquiring an additional 5,435 shares during the period. NewEdge Advisors LLC grew its position in shares of iShares Core 1-5 Year USD Bond ETF by 26.7% during the 2nd quarter. NewEdge Advisors LLC now owns 28,857 shares of the company’s stock valued at $1,367,000 after acquiring an additional 6,090 shares during the period. JPMorgan Chase & Co. increased its stake in shares of iShares Core 1-5 Year USD Bond ETF by 1.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 700,762 shares of the company’s stock valued at $34,113,000 after purchasing an additional 7,741 shares in the last quarter. Finally, HB Wealth Management LLC raised its holdings in iShares Core 1-5 Year USD Bond ETF by 3.3% in the 4th quarter. HB Wealth Management LLC now owns 13,242 shares of the company’s stock worth $633,000 after purchasing an additional 423 shares during the period.

iShares Core 1-5 Year USD Bond ETF Price Performance

Shares of ISTB stock opened at $48.04 on Friday. iShares Core 1-5 Year USD Bond ETF has a 1-year low of $46.65 and a 1-year high of $48.75. The company has a market cap of $4.26 billion, a price-to-earnings ratio of 16.72 and a beta of 0.07. The stock has a 50 day simple moving average of $47.85 and a 200-day simple moving average of $48.06.

iShares Core 1-5 Year USD Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were given a dividend of $0.1587 per share. This represents a $1.90 dividend on an annualized basis and a yield of 3.96%. The ex-dividend date of this dividend was Wednesday, December 18th.

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.