Lutz Financial Services LLC Lowers Stake in iShares Core 1-5 Year USD Bond ETF $ISTB

Lutz Financial Services LLC cut its position in shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 0.5% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 90,552 shares of the company’s stock after selling 468 shares during the quarter. Lutz Financial Services LLC’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $4,405,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Pine Haven Investment Counsel Inc grew its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 1.9% during the second quarter. Pine Haven Investment Counsel Inc now owns 16,485 shares of the company’s stock worth $802,000 after buying an additional 300 shares in the last quarter. Leavell Investment Management Inc. grew its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 2.3% during the first quarter. Leavell Investment Management Inc. now owns 13,463 shares of the company’s stock worth $651,000 after buying an additional 309 shares in the last quarter. SC&H Financial Advisors Inc. grew its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 5.6% during the first quarter. SC&H Financial Advisors Inc. now owns 7,325 shares of the company’s stock worth $354,000 after buying an additional 386 shares in the last quarter. Northwest Capital Management Inc increased its position in iShares Core 1-5 Year USD Bond ETF by 4.0% during the second quarter. Northwest Capital Management Inc now owns 11,066 shares of the company’s stock worth $538,000 after purchasing an additional 423 shares during the last quarter. Finally, Atria Wealth Solutions Inc. increased its position in iShares Core 1-5 Year USD Bond ETF by 7.3% during the second quarter. Atria Wealth Solutions Inc. now owns 6,325 shares of the company’s stock worth $308,000 after purchasing an additional 430 shares during the last quarter.

iShares Core 1-5 Year USD Bond ETF Stock Performance

Shares of ISTB stock opened at $48.93 on Friday. The firm has a market capitalization of $4.59 billion, a price-to-earnings ratio of 10.99 and a beta of 0.07. The company has a 50 day moving average price of $48.79 and a 200 day moving average price of $48.48. 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 Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, October 6th. Stockholders of record on Wednesday, October 1st were issued a dividend of $0.168 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date was Wednesday, October 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.