MML Investors Services LLC Cuts Stake in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB)

MML Investors Services LLC decreased its stake in shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 16.6% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 123,035 shares of the company’s stock after selling 24,428 shares during the period. MML Investors Services LLC’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $5,989,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of ISTB. Koss Olinger Consulting LLC acquired a new stake in shares of iShares Core 1-5 Year USD Bond ETF in the second quarter worth $22,076,000. Boyd Wealth Management LLC acquired a new stake in iShares Core 1-5 Year USD Bond ETF during the 3rd quarter valued at approximately $7,841,000. Values First Advisors Inc. acquired a new stake in iShares Core 1-5 Year USD Bond ETF in the third quarter valued at $7,611,000. Raymond James Financial Services Advisors Inc. lifted its position in shares of iShares Core 1-5 Year USD Bond ETF by 34.7% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 590,319 shares of the company’s stock worth $27,963,000 after purchasing an additional 152,038 shares during the last quarter. Finally, Cannon Financial Strategists Inc. bought a new stake in iShares Core 1-5 Year USD Bond ETF in the second quarter valued at about $3,812,000.

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

Shares of NASDAQ ISTB opened at $47.99 on Friday. The stock has a market capitalization of $4.09 billion, a P/E ratio of 16.72 and a beta of 0.07. The stock’s 50 day moving average price is $48.04 and its two-hundred day moving average price is $47.96. iShares Core 1-5 Year USD Bond ETF has a 52-week low of $46.65 and a 52-week high of $48.75.

iShares Core 1-5 Year USD Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, December 5th. Shareholders of record on Monday, December 2nd were issued a dividend of $0.1635 per share. This is a boost from iShares Core 1-5 Year USD Bond ETF’s previous dividend of $0.16. The ex-dividend date was Monday, December 2nd.

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.