Private Advisor Group LLC Sells 7,255 Shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB)

Private Advisor Group LLC decreased its holdings in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 11.3% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 57,199 shares of the company’s stock after selling 7,255 shares during the period. Private Advisor Group LLC’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $2,732,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the business. FMR LLC raised its stake in iShares Core 1-5 Year USD Bond ETF by 556.1% during the third quarter. FMR LLC now owns 2,841 shares of the company’s stock worth $138,000 after acquiring an additional 2,408 shares in the last quarter. Stifel Financial Corp lifted its stake in iShares Core 1-5 Year USD Bond ETF by 23.0% in the 3rd quarter. Stifel Financial Corp now owns 29,089 shares of the company’s stock valued at $1,416,000 after purchasing an additional 5,435 shares during the last quarter. HB Wealth Management LLC boosted its position in iShares Core 1-5 Year USD Bond ETF by 3.3% in the fourth quarter. HB Wealth Management LLC now owns 13,242 shares of the company’s stock valued at $633,000 after buying an additional 423 shares in the last quarter. JPMorgan Chase & Co. grew its stake in shares of iShares Core 1-5 Year USD Bond ETF by 1.1% during the third 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 during the last quarter. Finally, Leavell Investment Management Inc. increased its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 4.3% during the third quarter. Leavell Investment Management Inc. now owns 12,184 shares of the company’s stock worth $593,000 after buying an additional 500 shares in the last quarter.

iShares Core 1-5 Year USD Bond ETF Stock Performance

Shares of ISTB opened at $48.08 on Tuesday. The stock has a market capitalization of $4.27 billion, a price-to-earnings ratio of 16.46 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 $47.83 and a 200-day moving average of $48.08.

iShares Core 1-5 Year USD Bond ETF Cuts Dividend

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