First Hawaiian Bank Has $4.31 Million Stock Holdings in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB)

First Hawaiian Bank boosted its holdings in shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 0.7% in the first quarter, Holdings Channel reports. The firm owned 89,050 shares of the company’s stock after purchasing an additional 585 shares during the quarter. First Hawaiian Bank’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $4,306,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Golden State Wealth Management LLC bought a new position in shares of iShares Core 1-5 Year USD Bond ETF in the fourth quarter valued at approximately $32,000. Ameriflex Group Inc. acquired a new stake in iShares Core 1-5 Year USD Bond ETF during the 4th quarter worth $34,000. BNP Paribas Financial Markets acquired a new stake in iShares Core 1-5 Year USD Bond ETF during the 4th quarter worth $46,000. Crews Bank & Trust acquired a new position in shares of iShares Core 1-5 Year USD Bond ETF in the 4th quarter valued at $90,000. Finally, Smartleaf Asset Management LLC grew its holdings 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 valued at $106,000 after buying an additional 1,277 shares during the period.

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

ISTB opened at $48.25 on Thursday. The stock has a market capitalization of $4.51 billion, a P/E ratio of 10.99 and a beta of 0.07. iShares Core 1-5 Year USD Bond ETF has a 12 month low of $47.04 and a 12 month high of $48.75. The firm’s fifty day simple moving average is $48.22 and its 200 day simple moving average is $48.03.

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. Stockholders of record on Thursday, May 1st were issued a $0.1638 dividend. The ex-dividend date was Thursday, May 1st. This represents a $1.97 dividend on an annualized basis and a dividend yield of 4.07%.

About iShares Core 1-5 Year USD Bond ETF

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.