Geneos Wealth Management Inc. Sells 12,769 Shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB)

Geneos Wealth Management Inc. decreased its holdings in shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 2.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 490,163 shares of the company’s stock after selling 12,769 shares during the period. iShares Core 1-5 Year USD Bond ETF comprises 0.8% of Geneos Wealth Management Inc.’s portfolio, making the stock its 18th biggest holding. Geneos Wealth Management Inc. owned about 0.55% of iShares Core 1-5 Year USD Bond ETF worth $23,415,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Spinnaker Trust grew its stake in iShares Core 1-5 Year USD Bond ETF by 3.8% during the third quarter. Spinnaker Trust now owns 1,294,406 shares of the company’s stock worth $63,012,000 after buying an additional 47,921 shares during the last quarter. Townsend & Associates Inc grew its stake in shares of iShares Core 1-5 Year USD Bond ETF by 3.7% during the third quarter. Townsend & Associates Inc now owns 1,005,279 shares of the company’s stock valued at $48,334,000 after purchasing an additional 35,675 shares during the last quarter. Cahaba Wealth Management Inc. increased its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 4.5% in the third 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. Prosperity Planning Inc. raised its position in iShares Core 1-5 Year USD Bond ETF by 6.4% in the 4th quarter. Prosperity Planning Inc. now owns 792,445 shares of the company’s stock worth $37,855,000 after purchasing an additional 47,752 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its holdings in iShares Core 1-5 Year USD Bond ETF by 1.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 700,762 shares of the company’s stock worth $34,113,000 after buying an additional 7,741 shares in the last quarter.

iShares Core 1-5 Year USD Bond ETF Stock Performance

NASDAQ ISTB opened at $47.91 on Friday. The stock has a market capitalization of $4.25 billion, a P/E ratio of 16.72 and a beta of 0.07. iShares Core 1-5 Year USD Bond ETF has a 52 week low of $46.65 and a 52 week high of $48.75. The stock has a fifty day moving average of $47.84 and a 200-day moving average of $48.05.

iShares Core 1-5 Year USD Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were given a dividend of $0.1587 per share. The ex-dividend date of this dividend was Wednesday, December 18th. This represents a $1.90 dividend on an annualized basis and a yield of 3.98%.

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.