Studio Investment Management LLC Has $2.17 Million Stock Holdings in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB)

Studio Investment Management LLC trimmed its position in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 1.6% in the fourth quarter, Holdings Channel reports. The fund owned 45,474 shares of the company’s stock after selling 757 shares during the quarter. Studio Investment Management LLC’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $2,172,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Golden State Wealth Management LLC bought a new position in shares of iShares Core 1-5 Year USD Bond ETF in the 4th quarter valued at $32,000. BNP Paribas Financial Markets bought a new position in iShares Core 1-5 Year USD Bond ETF during the 4th quarter worth $46,000. Crews Bank & Trust bought a new position in iShares Core 1-5 Year USD Bond ETF during the 4th quarter worth $90,000. Smartleaf Asset Management LLC raised its position in shares of iShares Core 1-5 Year USD Bond ETF by 136.9% in the 4th quarter. Smartleaf Asset Management LLC now owns 2,210 shares of the company’s stock worth $106,000 after acquiring an additional 1,277 shares in the last quarter. Finally, Banque Transatlantique SA bought a new position in shares of iShares Core 1-5 Year USD Bond ETF in the 4th quarter worth about $112,000.

iShares Core 1-5 Year USD Bond ETF Trading Up 0.0%

ISTB stock opened at $48.20 on Friday. iShares Core 1-5 Year USD Bond ETF has a 1-year low of $47.04 and a 1-year high of $48.75. The firm has a market cap of $4.50 billion, a PE ratio of 10.99 and a beta of 0.07. The stock has a 50-day moving average price of $48.21 and a 200-day moving average price of $48.02.

iShares Core 1-5 Year USD Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, May 6th. Investors of record on Thursday, May 1st were given a $0.1638 dividend. This represents a $1.97 dividend on an annualized basis and a yield of 4.08%. The ex-dividend date was Thursday, May 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.