Birchcreek Wealth Management LLC Lowers Position in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB)

Birchcreek Wealth Management LLC trimmed its position in shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 65.0% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,585 shares of the company’s stock after selling 10,370 shares during the quarter. Birchcreek Wealth Management LLC’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $266,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of ISTB. Commonwealth Equity Services LLC boosted its holdings in iShares Core 1-5 Year USD Bond ETF by 4.1% during the 3rd quarter. Commonwealth Equity Services LLC now owns 287,552 shares of the company’s stock valued at $13,337,000 after acquiring an additional 11,297 shares during the period. Patton Albertson Miller Group LLC purchased a new position in iShares Core 1-5 Year USD Bond ETF during the 3rd quarter valued at about $244,000. Cranbrook Wealth Management LLC raised its position in iShares Core 1-5 Year USD Bond ETF by 3.9% in the 3rd quarter. Cranbrook Wealth Management LLC now owns 182,648 shares of the company’s stock valued at $8,471,000 after purchasing an additional 6,774 shares in the last quarter. Corepath Wealth Partners LLC raised its position in iShares Core 1-5 Year USD Bond ETF by 1.1% in the 3rd quarter. Corepath Wealth Partners LLC now owns 154,038 shares of the company’s stock valued at $7,132,000 after purchasing an additional 1,664 shares in the last quarter. Finally, Prosperity Planning Inc. raised its position in iShares Core 1-5 Year USD Bond ETF by 4.2% in the 3rd quarter. Prosperity Planning Inc. now owns 653,645 shares of the company’s stock valued at $30,316,000 after purchasing an additional 26,439 shares in the last quarter.

iShares Core 1-5 Year USD Bond ETF Stock Performance

ISTB stock traded up $0.08 during mid-day trading on Monday, reaching $47.01. The company had a trading volume of 104,540 shares, compared to its average volume of 494,245. The company has a market capitalization of $4.05 billion, a price-to-earnings ratio of 16.67 and a beta of 0.07. The firm has a fifty day simple moving average of $47.21 and a 200 day simple moving average of $47.10. iShares Core 1-5 Year USD Bond ETF has a fifty-two week low of $45.37 and a fifty-two week high of $48.32.

iShares Core 1-5 Year USD Bond ETF Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Friday, April 5th. Shareholders of record on Tuesday, April 2nd were given a $0.1504 dividend. This represents a $1.81 dividend on an annualized basis and a yield of 3.84%. The ex-dividend date was Monday, April 1st.

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.