Blue Jean Financial LLC Buys New Position in iShares Core 1-5 Year USD Bond ETF $ISTB

Blue Jean Financial LLC bought a new stake in shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) in the fourth quarter, HoldingsChannel.com reports. The institutional investor bought 21,752 shares of the company’s stock, valued at approximately $1,060,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in ISTB. Acorns Advisers LLC raised its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 7.8% during the third quarter. Acorns Advisers LLC now owns 10,992,587 shares of the company’s stock valued at $536,878,000 after acquiring an additional 793,589 shares in the last quarter. Boyd Wealth Management LLC bought a new position in shares of iShares Core 1-5 Year USD Bond ETF during the fourth quarter valued at approximately $13,198,000. JPMorgan Chase & Co. raised its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 24.6% during the fourth quarter. JPMorgan Chase & Co. now owns 1,071,154 shares of the company’s stock valued at $52,219,000 after acquiring an additional 211,271 shares in the last quarter. Ameriprise Financial Inc. raised its holdings in iShares Core 1-5 Year USD Bond ETF by 60.0% in the second quarter. Ameriprise Financial Inc. now owns 513,291 shares of the company’s stock worth $24,979,000 after purchasing an additional 192,418 shares in the last quarter. Finally, Bank of America Corp DE raised its holdings in iShares Core 1-5 Year USD Bond ETF by 22.7% in the third quarter. Bank of America Corp DE now owns 938,044 shares of the company’s stock worth $45,814,000 after purchasing an additional 173,303 shares in the last quarter.

iShares Core 1-5 Year USD Bond ETF Trading Down 0.0%

ISTB opened at $48.18 on Friday. The stock has a fifty day simple moving average of $48.31 and a two-hundred day simple moving average of $48.58. The company has a market cap of $4.72 billion, a price-to-earnings ratio of 10.99 and a beta of 0.11. iShares Core 1-5 Year USD Bond ETF has a 12-month low of $48.02 and a 12-month high of $49.05.

iShares Core 1-5 Year USD Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, June 1st were issued a $0.172 dividend. The ex-dividend date was Monday, June 1st. This represents a c) dividend on an annualized basis and a yield of 4.3%.

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.