Koss Olinger Consulting LLC Trims Position in iShares Core 1-5 Year USD Bond ETF $ISTB

Koss Olinger Consulting LLC lessened its stake in shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 46.0% during the 1st quarter, Holdings Channel reports. The fund owned 306,997 shares of the company’s stock after selling 261,966 shares during the quarter. iShares Core 1-5 Year USD Bond ETF comprises 1.2% of Koss Olinger Consulting LLC’s portfolio, making the stock its 15th largest holding. Koss Olinger Consulting LLC’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $14,877,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Goldman Sachs Group Inc. raised its stake in iShares Core 1-5 Year USD Bond ETF by 100.9% during the first quarter. Goldman Sachs Group Inc. now owns 165,118 shares of the company’s stock worth $7,983,000 after purchasing an additional 82,911 shares during the period. Jane Street Group LLC purchased a new stake in shares of iShares Core 1-5 Year USD Bond ETF in the 1st quarter valued at approximately $1,681,000. NewEdge Advisors LLC grew its stake in shares of iShares Core 1-5 Year USD Bond ETF by 13.4% in the 2nd quarter. NewEdge Advisors LLC now owns 57,776 shares of the company’s stock valued at $2,811,000 after buying an additional 6,809 shares during the period. Betterment LLC increased its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 6.8% during the 2nd quarter. Betterment LLC now owns 39,922 shares of the company’s stock worth $1,942,000 after buying an additional 2,550 shares during the last quarter. Finally, Ameriprise Financial Inc. increased its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 60.0% during the 2nd quarter. Ameriprise Financial Inc. now owns 513,291 shares of the company’s stock worth $24,979,000 after buying an additional 192,418 shares during the last quarter.

iShares Core 1-5 Year USD Bond ETF Stock Performance

ISTB stock opened at $48.11 on Monday. The firm has a market cap of $5.08 billion, a PE ratio of 10.99 and a beta of 0.11. The firm’s 50 day moving average price is $48.16 and its 200-day moving average price is $48.47. iShares Core 1-5 Year USD Bond ETF has a one year low of $47.95 and a one year high of $49.05.

iShares Core 1-5 Year USD Bond ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st were given a $0.1713 dividend. The ex-dividend date was Wednesday, July 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.