Nwam LLC Sells 502 Shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB)

Nwam LLC reduced its stake in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 1.8% during the fourth quarter, HoldingsChannel.com reports. The fund owned 26,855 shares of the company’s stock after selling 502 shares during the quarter. Nwam LLC’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $1,283,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the company. Cable Hill Partners LLC increased its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 3.5% in the fourth quarter. Cable Hill Partners LLC now owns 16,536 shares of the company’s stock worth $790,000 after purchasing an additional 560 shares during the last quarter. Advisor OS LLC increased its stake in iShares Core 1-5 Year USD Bond ETF by 4.6% in the 4th quarter. Advisor OS LLC now owns 144,075 shares of the company’s stock worth $6,882,000 after acquiring an additional 6,315 shares during the last quarter. Bank of New York Mellon Corp bought a new stake in iShares Core 1-5 Year USD Bond ETF in the 4th quarter worth approximately $9,491,000. Midwest Capital Advisors LLC bought a new stake in iShares Core 1-5 Year USD Bond ETF in the fourth quarter worth $295,000. Finally, BCGM Wealth Management LLC increased its position in iShares Core 1-5 Year USD Bond ETF by 2.8% in the fourth quarter. BCGM Wealth Management LLC now owns 83,862 shares of the company’s stock worth $4,006,000 after purchasing an additional 2,265 shares during the last quarter.

iShares Core 1-5 Year USD Bond ETF Stock Performance

Shares of ISTB opened at $48.22 on Friday. The company’s fifty day moving average is $47.86 and its 200 day moving average is $48.08. 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. The stock has a market capitalization of $4.29 billion, a PE ratio of 16.46 and a beta of 0.07.

iShares Core 1-5 Year USD Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were issued a $0.1632 dividend. 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.