Diversified Portfolios Inc. Trims Stake in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB)

Diversified Portfolios Inc. reduced its stake in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 1.4% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 14,627 shares of the company’s stock after selling 210 shares during the quarter. Diversified Portfolios Inc.’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $699,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the stock. Fiduciary Advisors Inc. bought a new position in shares of iShares Core 1-5 Year USD Bond ETF in the fourth quarter worth about $7,913,000. Boyd Wealth Management LLC purchased a new stake in iShares Core 1-5 Year USD Bond ETF in the 3rd quarter worth approximately $7,841,000. Values First Advisors Inc. purchased a new position in iShares Core 1-5 Year USD Bond ETF during the third quarter valued at approximately $7,611,000. Wealth Management Resources Inc. lifted its holdings in iShares Core 1-5 Year USD Bond ETF by 43.9% during the fourth quarter. Wealth Management Resources Inc. now owns 296,477 shares of the company’s stock valued at $14,163,000 after purchasing an additional 90,506 shares in the last quarter. Finally, DORVAL Corp boosted its position in shares of iShares Core 1-5 Year USD Bond ETF by 36.6% in the third quarter. DORVAL Corp now owns 266,607 shares of the company’s stock worth $12,893,000 after purchasing an additional 71,387 shares during the period.

iShares Core 1-5 Year USD Bond ETF Price Performance

Shares of ISTB stock opened at $47.87 on Wednesday. iShares Core 1-5 Year USD Bond ETF has a one year low of $46.65 and a one year high of $48.75. The company’s fifty day moving average price is $47.84 and its 200-day moving average price is $48.08. The company has a market capitalization of $4.26 billion, a price-to-earnings ratio of 16.72 and a beta of 0.07.

iShares Core 1-5 Year USD Bond ETF Cuts Dividend

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