Alexander Randolph Advisory Inc. Has $9.80 Million Stock Position in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB)

Alexander Randolph Advisory Inc. decreased its position in shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 6.9% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 205,068 shares of the company’s stock after selling 15,124 shares during the quarter. iShares Core 1-5 Year USD Bond ETF makes up approximately 9.1% of Alexander Randolph Advisory Inc.’s holdings, making the stock its 2nd largest holding. Alexander Randolph Advisory Inc.’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $9,796,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of ISTB. Spinnaker Trust lifted its stake in shares of iShares Core 1-5 Year USD Bond ETF by 16.3% during the fourth quarter. Spinnaker Trust now owns 1,504,770 shares of the company’s stock valued at $71,883,000 after acquiring an additional 210,364 shares during the period. Townsend & Associates Inc raised its holdings 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 during the last quarter. Prosperity Planning Inc. lifted its position 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 valued at $37,855,000 after purchasing an additional 47,752 shares during the period. JPMorgan Chase & Co. boosted its stake in shares of iShares Core 1-5 Year USD Bond ETF by 1.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 700,762 shares of the company’s stock valued at $34,113,000 after purchasing an additional 7,741 shares during the last quarter. Finally, Destination Wealth Management grew its position in shares of iShares Core 1-5 Year USD Bond ETF by 2.9% during the 3rd quarter. Destination Wealth Management now owns 534,405 shares of the company’s stock worth $26,015,000 after buying an additional 15,083 shares during the period.

iShares Core 1-5 Year USD Bond ETF Price Performance

Shares of NASDAQ ISTB opened at $48.03 on Friday. 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 firm has a market capitalization of $4.27 billion, a P/E ratio of 16.46 and a beta of 0.07. The company’s 50 day simple moving average is $47.82 and its 200 day simple moving average is $48.07.

iShares Core 1-5 Year USD Bond ETF Cuts Dividend

The business also recently declared 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 was Monday, February 3rd.

iShares Core 1-5 Year USD Bond ETF Company 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.