HighTower Advisors LLC Has $7.88 Million Stock Holdings in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB)

HighTower Advisors LLC trimmed its holdings in shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 39.9% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 164,932 shares of the company’s stock after selling 109,687 shares during the quarter. HighTower Advisors LLC owned 0.19% of iShares Core 1-5 Year USD Bond ETF worth $7,879,000 as of its most recent filing with the SEC.

A number of other large investors have also bought and sold shares of the business. Charles Schwab Investment Management Inc. increased its stake in iShares Core 1-5 Year USD Bond ETF by 0.4% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 3,068,324 shares of the company’s stock worth $146,574,000 after purchasing an additional 11,280 shares in the last quarter. Raymond James Financial Inc. bought a new stake in iShares Core 1-5 Year USD Bond ETF during the 4th quarter worth approximately $90,759,000. Spinnaker Trust increased its stake in iShares Core 1-5 Year USD Bond ETF by 16.3% during the 4th quarter. Spinnaker Trust now owns 1,504,770 shares of the company’s stock worth $71,883,000 after purchasing an additional 210,364 shares in the last quarter. Townsend & Associates Inc increased its stake in iShares Core 1-5 Year USD Bond ETF by 2.0% during the 4th quarter. Townsend & Associates Inc now owns 1,025,796 shares of the company’s stock worth $49,125,000 after purchasing an additional 20,517 shares in the last quarter. Finally, Prosperity Planning Inc. increased its stake in iShares Core 1-5 Year USD Bond ETF by 6.4% during 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 in the last quarter.

iShares Core 1-5 Year USD Bond ETF Stock Performance

NASDAQ ISTB opened at $48.12 on Tuesday. The business has a 50 day simple moving average of $47.97 and a 200 day simple moving average of $48.07. 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 market cap of $4.28 billion, a price-to-earnings ratio of 10.95 and a beta of 0.07.

iShares Core 1-5 Year USD Bond ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were paid a dividend of $0.1568 per share. The ex-dividend date was Monday, March 3rd.

iShares Core 1-5 Year USD Bond ETF 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.