Darden Wealth Group Inc Reduces Stock Holdings in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB)

Darden Wealth Group Inc lessened its position in shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 1.1% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 27,491 shares of the company’s stock after selling 308 shares during the quarter. iShares Core 1-5 Year USD Bond ETF accounts for 1.0% of Darden Wealth Group Inc’s portfolio, making the stock its 25th largest position. Darden Wealth Group Inc’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $1,329,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in ISTB. Independent Advisor Alliance purchased a new stake in iShares Core 1-5 Year USD Bond ETF during the 4th quarter valued at about $263,000. Commonwealth Equity Services LLC grew its stake in iShares Core 1-5 Year USD Bond ETF by 0.9% during the 4th quarter. Commonwealth Equity Services LLC now owns 213,999 shares of the company’s stock valued at $10,223,000 after purchasing an additional 1,978 shares during the last quarter. Envestnet Portfolio Solutions Inc. grew its stake in iShares Core 1-5 Year USD Bond ETF by 31.5% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 26,225 shares of the company’s stock valued at $1,253,000 after purchasing an additional 6,282 shares during the last quarter. Thrivent Financial for Lutherans grew its stake in iShares Core 1-5 Year USD Bond ETF by 5.2% during the 4th quarter. Thrivent Financial for Lutherans now owns 244,090 shares of the company’s stock valued at $11,691,000 after purchasing an additional 11,986 shares during the last quarter. Finally, Samalin Investment Counsel LLC lifted its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 3.3% in the 4th quarter. Samalin Investment Counsel LLC now owns 56,324 shares of the company’s stock valued at $2,691,000 after buying an additional 1,811 shares during the period.

iShares Core 1-5 Year USD Bond ETF Stock Up 0.1%

Shares of ISTB stock traded up $0.06 on Friday, hitting $48.45. The company had a trading volume of 11,224 shares, compared to its average volume of 428,760. The firm has a market cap of $4.42 billion, a P/E ratio of 10.99 and a beta of 0.07. The company has a 50-day moving average price of $48.31 and a 200-day moving average price of $48.15. iShares Core 1-5 Year USD Bond ETF has a twelve month low of $47.57 and a twelve month high of $48.75.

iShares Core 1-5 Year USD Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, July 7th. Stockholders of record on Tuesday, July 1st were issued a $0.1681 dividend. The ex-dividend date of this dividend was Tuesday, July 1st. This represents a $2.02 annualized dividend and a dividend yield of 4.16%.

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.