iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) Shares Sold by Ironwood Investment Counsel LLC

Ironwood Investment Counsel LLC reduced its position in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 31.2% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 22,647 shares of the company’s stock after selling 10,263 shares during the period. Ironwood Investment Counsel LLC’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $1,095,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of ISTB. Acorns Advisers LLC raised its position in iShares Core 1-5 Year USD Bond ETF by 4.9% in the fourth quarter. Acorns Advisers LLC now owns 10,728,367 shares of the company’s stock valued at $512,494,000 after purchasing an additional 497,728 shares during the period. Independence Financial Advisors LLC acquired a new stake in shares of iShares Core 1-5 Year USD Bond ETF in the first quarter valued at about $12,997,000. Apella Capital LLC raised its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 534.9% during the 1st quarter. Apella Capital LLC now owns 240,656 shares of the company’s stock valued at $11,573,000 after buying an additional 202,751 shares during the period. Hoxton Planning & Management LLC acquired a new position in iShares Core 1-5 Year USD Bond ETF during the 1st quarter worth approximately $7,237,000. Finally, Ameriprise Financial Inc. boosted its holdings in iShares Core 1-5 Year USD Bond ETF by 18.5% in the 4th quarter. Ameriprise Financial Inc. now owns 525,942 shares of the company’s stock worth $25,124,000 after acquiring an additional 81,968 shares during the period.

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

ISTB opened at $48.62 on Thursday. The firm’s 50 day moving average is $48.40 and its 200-day moving average is $48.22. iShares Core 1-5 Year USD Bond ETF has a 52-week low of $47.57 and a 52-week high of $48.75. The firm has a market capitalization of $4.43 billion, a P/E ratio of 10.99 and a beta of 0.07.

iShares Core 1-5 Year USD Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, August 6th. Shareholders of record on Friday, August 1st were given a $0.17 dividend. This represents a c) dividend on an annualized basis and a yield of 4.2%. The ex-dividend date of this dividend was Friday, August 1st. This is an increase from iShares Core 1-5 Year USD Bond ETF’s previous monthly dividend of $0.17.

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.