Maryland Capital Advisors Inc. Sells 3,778 Shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB)

Maryland Capital Advisors Inc. reduced its position in shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 32.6% during the fourth quarter, Holdings Channel reports. The institutional investor owned 7,824 shares of the company’s stock after selling 3,778 shares during the period. Maryland Capital Advisors Inc.’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $374,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Golden State Wealth Management LLC purchased a new stake in shares of iShares Core 1-5 Year USD Bond ETF in the fourth quarter worth approximately $32,000. Burkett Financial Services LLC grew its holdings 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 valued at $47,000 after acquiring an additional 358 shares in the last quarter. Bogart Wealth LLC grew its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 40.7% in the third quarter. Bogart Wealth LLC now owns 992 shares of the company’s stock valued at $48,000 after acquiring an additional 287 shares in the last quarter. Crews Bank & Trust bought a new position in shares of iShares Core 1-5 Year USD Bond ETF in the fourth quarter valued at approximately $90,000. Finally, Northwest Investment Counselors LLC bought a new position in shares of iShares Core 1-5 Year USD Bond ETF in the third quarter valued at approximately $130,000.

iShares Core 1-5 Year USD Bond ETF Stock Up 0.2 %

ISTB stock opened at $47.96 on Friday. The firm has a market cap of $4.26 billion, a PE ratio of 16.72 and a beta of 0.07. The business has a 50 day moving average of $47.83 and a 200-day moving average of $48.08. iShares Core 1-5 Year USD Bond ETF has a 12-month low of $46.65 and a 12-month high of $48.75.

iShares Core 1-5 Year USD Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were issued a dividend of $0.1632 per share. The ex-dividend date of this dividend was Monday, February 3rd.

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.