Valley National Advisers Inc. Reduces Stock Position in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB)

Valley National Advisers Inc. reduced its holdings in shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 5.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 5,325 shares of the company’s stock after selling 288 shares during the quarter. Valley National Advisers Inc.’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $259,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Koss Olinger Consulting LLC bought a new position in shares of iShares Core 1-5 Year USD Bond ETF during the second quarter worth about $22,076,000. FPC Investment Advisory Inc. bought a new position in iShares Core 1-5 Year USD Bond ETF during the 1st quarter worth approximately $7,962,000. Values First Advisors Inc. acquired a new position in shares of iShares Core 1-5 Year USD Bond ETF in the 3rd quarter worth approximately $7,611,000. Raymond James Financial Services Advisors Inc. grew its position in shares of iShares Core 1-5 Year USD Bond ETF by 34.7% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 590,319 shares of the company’s stock worth $27,963,000 after acquiring an additional 152,038 shares in the last quarter. Finally, Jane Street Group LLC increased its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 29.0% in the 1st quarter. Jane Street Group LLC now owns 523,578 shares of the company’s stock valued at $24,839,000 after acquiring an additional 117,604 shares during the last quarter.

iShares Core 1-5 Year USD Bond ETF Trading Down 0.1 %

ISTB stock opened at $48.08 on Monday. The stock’s 50 day simple moving average is $48.40 and its 200 day simple moving average is $47.76. iShares Core 1-5 Year USD Bond ETF has a 12-month low of $45.37 and a 12-month high of $48.75. The firm has a market cap of $4.08 billion, a P/E ratio of 16.72 and a beta of 0.07.

iShares Core 1-5 Year USD Bond ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were issued a dividend of $0.1598 per share. The ex-dividend date of this dividend was Tuesday, September 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.