Delta Financial Group Inc. Sells 577 Shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB)

Delta Financial Group Inc. decreased its stake in shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 2.8% during the 4th quarter, Holdings Channel reports. The institutional investor owned 20,329 shares of the company’s stock after selling 577 shares during the period. Delta Financial Group Inc.’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $971,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in ISTB. Private Advisor Group LLC raised its stake in iShares Core 1-5 Year USD Bond ETF by 3.0% in the 3rd quarter. Private Advisor Group LLC now owns 64,454 shares of the company’s stock valued at $3,138,000 after acquiring an additional 1,854 shares during the period. DORVAL Corp boosted its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 36.6% in the 3rd quarter. DORVAL Corp now owns 266,607 shares of the company’s stock worth $12,893,000 after purchasing an additional 71,387 shares in the last quarter. Allworth Financial LP raised its stake in shares of iShares Core 1-5 Year USD Bond ETF by 17.1% during the third quarter. Allworth Financial LP now owns 67,805 shares of the company’s stock worth $3,301,000 after acquiring an additional 9,887 shares in the last quarter. Mattern Capital Management LLC lifted its stake in iShares Core 1-5 Year USD Bond ETF by 23.9% in the third quarter. Mattern Capital Management LLC now owns 16,511 shares of the company’s stock worth $804,000 after purchasing an additional 3,180 shares during the last quarter. Finally, Hunter Associates Investment Management LLC boosted its holdings in iShares Core 1-5 Year USD Bond ETF by 8.2% during the 3rd quarter. Hunter Associates Investment Management LLC now owns 302,082 shares of the company’s stock valued at $14,687,000 after acquiring an additional 22,967 shares during the period.

iShares Core 1-5 Year USD Bond ETF Stock Performance

Shares of ISTB stock opened at $48.03 on Friday. The business’s 50 day moving average price is $47.82 and its 200-day moving average price is $48.07. The firm has a market cap of $4.27 billion, a P/E ratio of 16.46 and a beta of 0.07. iShares Core 1-5 Year USD Bond ETF has a fifty-two week low of $46.65 and a fifty-two week high of $48.75.

iShares Core 1-5 Year USD Bond ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were paid a $0.1632 dividend. The ex-dividend date of this dividend 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.