JPMorgan Chase & Co. Trims Holdings in iShares Core 1-5 Year USD Bond ETF $ISTB

JPMorgan Chase & Co. reduced its stake in shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 7.6% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 859,883 shares of the company’s stock after selling 71,008 shares during the quarter. JPMorgan Chase & Co. owned approximately 0.91% of iShares Core 1-5 Year USD Bond ETF worth $41,997,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Bfsg LLC lifted its holdings in iShares Core 1-5 Year USD Bond ETF by 7.4% during the 3rd quarter. Bfsg LLC now owns 3,196 shares of the company’s stock valued at $156,000 after buying an additional 219 shares in the last quarter. Silverlake Wealth Management LLC raised its stake in shares of 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 acquiring an additional 231 shares in the last quarter. Sfmg LLC boosted its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 4.7% in the second quarter. Sfmg LLC now owns 5,210 shares of the company’s stock valued at $253,000 after purchasing an additional 233 shares during the period. Farther Finance Advisors LLC grew its stake in iShares Core 1-5 Year USD Bond ETF by 4.2% in the third quarter. Farther Finance Advisors LLC now owns 6,629 shares of the company’s stock worth $324,000 after purchasing an additional 270 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC grew its stake in iShares Core 1-5 Year USD Bond ETF by 0.4% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 60,879 shares of the company’s stock worth $2,968,000 after purchasing an additional 272 shares in the last quarter.

iShares Core 1-5 Year USD Bond ETF Stock Up 0.1%

Shares of NASDAQ ISTB opened at $48.98 on Friday. The business has a fifty day simple moving average of $48.80 and a two-hundred day simple moving average of $48.80. The firm has a market cap of $4.78 billion, a PE ratio of 10.99 and a beta of 0.11. iShares Core 1-5 Year USD Bond ETF has a twelve month low of $47.77 and a twelve month high of $48.99.

iShares Core 1-5 Year USD Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were issued a $0.1724 dividend. The ex-dividend date was Monday, February 2nd. This is an increase from iShares Core 1-5 Year USD Bond ETF’s previous monthly dividend of $0.17. This represents a c) annualized dividend and a dividend yield of 4.2%.

iShares Core 1-5 Year USD Bond ETF 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.