Bluestem Financial Advisors LLC Sells 12,280 Shares of iShares Core 1-5 Year USD Bond ETF $ISTB

Bluestem Financial Advisors LLC lessened its position in shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 11.5% in the first quarter, Holdings Channel reports. The fund owned 94,195 shares of the company’s stock after selling 12,280 shares during the quarter. iShares Core 1-5 Year USD Bond ETF comprises 1.8% of Bluestem Financial Advisors LLC’s investment portfolio, making the stock its 12th biggest holding. Bluestem Financial Advisors LLC’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $4,565,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of ISTB. Acorns Advisers LLC boosted its position in iShares Core 1-5 Year USD Bond ETF by 5.1% in the fourth quarter. Acorns Advisers LLC now owns 11,554,781 shares of the company’s stock worth $563,296,000 after purchasing an additional 562,194 shares during the last quarter. State of Wisconsin Investment Board increased its holdings in iShares Core 1-5 Year USD Bond ETF by 1.4% during the fourth quarter. State of Wisconsin Investment Board now owns 5,312,625 shares of the company’s stock valued at $258,990,000 after buying an additional 71,400 shares during the last quarter. Raymond James Financial Inc. increased its holdings in iShares Core 1-5 Year USD Bond ETF by 5.2% during the fourth quarter. Raymond James Financial Inc. now owns 2,223,386 shares of the company’s stock valued at $108,390,000 after buying an additional 110,022 shares during the last quarter. SHP Wealth Management bought a new position in iShares Core 1-5 Year USD Bond ETF in the fourth quarter worth approximately $70,668,000. Finally, Spinnaker Trust raised its position in iShares Core 1-5 Year USD Bond ETF by 2.9% in the fourth quarter. Spinnaker Trust now owns 1,384,279 shares of the company’s stock worth $67,484,000 after acquiring an additional 38,402 shares during the period.

iShares Core 1-5 Year USD Bond ETF Price Performance

Shares of iShares Core 1-5 Year USD Bond ETF stock opened at $48.02 on Thursday. The company’s fifty day simple moving average is $48.21 and its 200-day simple moving average is $48.50. The stock has a market capitalization of $5.04 billion, a PE ratio of 10.99 and a beta of 0.11. iShares Core 1-5 Year USD Bond ETF has a 1-year low of $47.98 and a 1-year high of $49.05.

iShares Core 1-5 Year USD Bond ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st were issued a $0.1713 dividend. The ex-dividend date of this dividend was Wednesday, July 1st.

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.