iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) Shares Sold by Bluestem Financial Advisors LLC

Bluestem Financial Advisors LLC reduced its holdings in shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 10.0% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 111,905 shares of the company’s stock after selling 12,489 shares during the quarter. iShares Core 1-5 Year USD Bond ETF makes up approximately 2.5% of Bluestem Financial Advisors LLC’s holdings, making the stock its 8th largest holding. Bluestem Financial Advisors LLC’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $5,346,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. CWM LLC increased its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 1.4% during the third quarter. CWM LLC now owns 16,189 shares of the company’s stock valued at $788,000 after acquiring an additional 226 shares in the last quarter. Richard W. Paul & Associates LLC grew its position in iShares Core 1-5 Year USD Bond ETF by 3.3% during the 3rd quarter. Richard W. Paul & Associates LLC now owns 38,250 shares of the company’s stock worth $1,862,000 after purchasing an additional 1,239 shares during the last quarter. Cahaba Wealth Management Inc. increased its stake in iShares Core 1-5 Year USD Bond ETF by 4.5% during the 3rd quarter. Cahaba Wealth Management Inc. now owns 882,203 shares of the company’s stock valued at $42,946,000 after purchasing an additional 38,141 shares in the last quarter. KFA Private Wealth Group LLC raised its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 124.5% in the third quarter. KFA Private Wealth Group LLC now owns 113,817 shares of the company’s stock worth $5,541,000 after buying an additional 63,130 shares during the last quarter. Finally, Columbus Macro LLC lifted its stake in shares of iShares Core 1-5 Year USD Bond ETF by 3.0% during the third quarter. Columbus Macro LLC now owns 35,498 shares of the company’s stock worth $1,723,000 after buying an additional 1,029 shares during the period.

iShares Core 1-5 Year USD Bond ETF Price Performance

Shares of ISTB opened at $47.96 on Friday. The company’s fifty day moving average price is $47.83 and its 200-day moving average price is $48.08. iShares Core 1-5 Year USD Bond ETF has a 1-year low of $46.65 and a 1-year high of $48.75. The firm has a market capitalization of $4.26 billion, a PE ratio of 16.72 and a beta of 0.07.

iShares Core 1-5 Year USD Bond ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were paid a dividend of $0.1632 per share. The ex-dividend date was Monday, February 3rd.

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.