iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) Stake Lifted by Sterling Investment Advisors LLC ADV

Sterling Investment Advisors LLC ADV lifted its position in shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 2.6% during the 4th quarter, HoldingsChannel reports. The firm owned 130,445 shares of the company’s stock after acquiring an additional 3,246 shares during the period. iShares Core 1-5 Year USD Bond ETF accounts for about 3.6% of Sterling Investment Advisors LLC ADV’s investment portfolio, making the stock its 10th biggest holding. Sterling Investment Advisors LLC ADV’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $6,231,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in ISTB. Burkett Financial Services LLC lifted its stake in shares of iShares Core 1-5 Year USD Bond ETF by 56.3% in the fourth quarter. Burkett Financial Services LLC now owns 994 shares of the company’s stock worth $47,000 after buying an additional 358 shares in the last quarter. Bogart Wealth LLC raised its holdings in iShares Core 1-5 Year USD Bond ETF by 40.7% in the 3rd quarter. Bogart Wealth LLC now owns 992 shares of the company’s stock worth $48,000 after acquiring an additional 287 shares during the last quarter. Security National Bank raised its holdings in iShares Core 1-5 Year USD Bond ETF by 31.0% in the 3rd quarter. Security National Bank now owns 2,559 shares of the company’s stock worth $125,000 after acquiring an additional 606 shares during the last quarter. Northwest Investment Counselors LLC bought a new position in iShares Core 1-5 Year USD Bond ETF in the 3rd quarter valued at approximately $130,000. Finally, FMR LLC boosted its stake in iShares Core 1-5 Year USD Bond ETF by 556.1% during the 3rd quarter. FMR LLC now owns 2,841 shares of the company’s stock valued at $138,000 after purchasing an additional 2,408 shares during the last quarter.

iShares Core 1-5 Year USD Bond ETF Stock Performance

NASDAQ ISTB opened at $47.80 on Thursday. iShares Core 1-5 Year USD Bond ETF has a one year low of $46.65 and a one year high of $48.75. The stock has a 50-day moving average of $47.84 and a 200 day moving average of $48.03. The company has a market capitalization of $4.24 billion, a price-to-earnings ratio of 16.72 and a beta of 0.07.

iShares Core 1-5 Year USD Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were issued a $0.1587 dividend. This represents a $1.90 annualized dividend and a dividend yield of 3.98%. The ex-dividend date of this dividend was Wednesday, December 18th.

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.