State of Wisconsin Investment Board Has $258.99 Million Stock Position in iShares Core 1-5 Year USD Bond ETF $ISTB

State of Wisconsin Investment Board grew its position in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 1.4% in the 4th quarter, Holdings Channel reports. The institutional investor owned 5,312,625 shares of the company’s stock after purchasing an additional 71,400 shares during the period. iShares Core 1-5 Year USD Bond ETF accounts for 0.6% of State of Wisconsin Investment Board’s investment portfolio, making the stock its 19th biggest holding. State of Wisconsin Investment Board owned 0.05% of iShares Core 1-5 Year USD Bond ETF worth $258,990,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Spire Wealth Management increased its stake in shares of iShares Core 1-5 Year USD Bond ETF by 37.5% in the 4th quarter. Spire Wealth Management now owns 800 shares of the company’s stock valued at $39,000 after buying an additional 218 shares during the period. Rossby Financial LCC increased its stake in shares of iShares Core 1-5 Year USD Bond ETF by 41.7% in the 4th quarter. Rossby Financial LCC now owns 986 shares of the company’s stock valued at $48,000 after buying an additional 290 shares during the period. Rothschild Investment LLC increased its stake in shares of iShares Core 1-5 Year USD Bond ETF by 41.8% in the 3rd quarter. Rothschild Investment LLC now owns 1,695 shares of the company’s stock valued at $83,000 after buying an additional 500 shares during the period. Dagco Inc. acquired a new stake in shares of iShares Core 1-5 Year USD Bond ETF in the 4th quarter valued at $97,000. Finally, Flagship Harbor Advisors LLC acquired a new stake in shares of iShares Core 1-5 Year USD Bond ETF in the 4th quarter valued at $103,000.

iShares Core 1-5 Year USD Bond ETF Stock Performance

NASDAQ ISTB opened at $48.24 on Wednesday. The stock has a fifty day moving average of $48.31 and a 200-day moving average of $48.57. The stock has a market capitalization of $4.73 billion, a P/E ratio of 10.99 and a beta of 0.11. iShares Core 1-5 Year USD Bond ETF has a 52 week low of $48.02 and a 52 week high of $49.05.

iShares Core 1-5 Year USD Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, June 4th. Investors of record on Monday, June 1st were paid a dividend of $0.172 per share. The ex-dividend date of this dividend was Monday, June 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%.

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.