71,258 Shares in iShares Core 1-5 Year USD Bond ETF $ISTB Purchased by Shepherd Street Advisors LLC

Shepherd Street Advisors LLC purchased a new position in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 71,258 shares of the company’s stock, valued at approximately $3,474,000. iShares Core 1-5 Year USD Bond ETF makes up 3.3% of Shepherd Street Advisors LLC’s investment portfolio, making the stock its 5th largest holding.

Other hedge funds also recently bought and sold shares of the company. PFG Advisors bought a new position in iShares Core 1-5 Year USD Bond ETF in the 4th quarter worth about $819,000. Cahaba Wealth Management Inc. boosted its stake in iShares Core 1-5 Year USD Bond ETF by 6.7% in the 4th quarter. Cahaba Wealth Management Inc. now owns 1,064,566 shares of the company’s stock worth $51,898,000 after purchasing an additional 66,931 shares in the last quarter. Bartlett & CO. Wealth Management LLC lifted its stake in iShares Core 1-5 Year USD Bond ETF by 31.9% during the 4th quarter. Bartlett & CO. Wealth Management LLC now owns 556,170 shares of the company’s stock valued at $27,113,000 after acquiring an additional 134,574 shares during the period. Apella Capital LLC lifted its stake in iShares Core 1-5 Year USD Bond ETF by 15.1% during the 4th quarter. Apella Capital LLC now owns 814,422 shares of the company’s stock valued at $39,703,000 after acquiring an additional 106,752 shares during the period. Finally, Chatterton & Associates Inc. bought a new position in iShares Core 1-5 Year USD Bond ETF during the 4th quarter valued at about $2,161,000.

iShares Core 1-5 Year USD Bond ETF Stock Performance

ISTB opened at $48.17 on Wednesday. The stock has a market capitalization of $4.72 billion, a P/E ratio of 10.99 and a beta of 0.11. The company’s 50-day simple moving average is $48.35 and its two-hundred day simple moving average is $48.62. iShares Core 1-5 Year USD Bond ETF has a 52-week low of $48.03 and a 52-week high of $49.05.

iShares Core 1-5 Year USD Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which will be paid on Thursday, June 4th. Shareholders of record on Monday, June 1st will be paid a dividend of $0.172 per share. The ex-dividend date is Monday, June 1st. This represents a c) annualized dividend and a yield of 4.3%.

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.