iShares Core 1-5 Year USD Bond ETF $ISTB Holdings Trimmed by Keystone Financial Group Inc.

Keystone Financial Group Inc. lowered its holdings in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 50.4% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 22,202 shares of the company’s stock after selling 22,537 shares during the period. iShares Core 1-5 Year USD Bond ETF makes up 0.6% of Keystone Financial Group Inc.’s portfolio, making the stock its 27th biggest position. Keystone Financial Group Inc.’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $1,084,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Twin Peaks Wealth Advisors LLC purchased a new stake in iShares Core 1-5 Year USD Bond ETF in the 2nd quarter worth about $37,000. Assetmark Inc. lifted its position in shares of iShares Core 1-5 Year USD Bond ETF by 1,394.0% in the second quarter. Assetmark Inc. now owns 1,748 shares of the company’s stock worth $85,000 after purchasing an additional 1,631 shares in the last quarter. Parallel Advisors LLC boosted its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 3,024.7% during the second quarter. Parallel Advisors LLC now owns 2,656 shares of the company’s stock worth $129,000 after purchasing an additional 2,571 shares during the period. Rice Partnership LLC purchased a new position in iShares Core 1-5 Year USD Bond ETF during the second quarter valued at approximately $185,000. Finally, WealthShield Partners LLC increased its stake in iShares Core 1-5 Year USD Bond ETF by 19.0% in the 2nd quarter. WealthShield Partners LLC now owns 3,901 shares of the company’s stock valued at $190,000 after buying an additional 622 shares during the period.

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

Shares of NASDAQ:ISTB opened at $48.78 on Wednesday. The firm has a fifty day moving average of $48.79 and a two-hundred day moving average of $48.70. iShares Core 1-5 Year USD Bond ETF has a 12-month low of $47.57 and a 12-month high of $48.99. The firm has a market capitalization of $4.63 billion, a P/E ratio of 10.99 and a beta of 0.11.

iShares Core 1-5 Year USD Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, December 24th. Shareholders of record on Friday, December 19th were paid a $0.1699 dividend. This represents a c) dividend on an annualized basis and a yield of 4.2%. This is an increase from iShares Core 1-5 Year USD Bond ETF’s previous monthly dividend of $0.17. The ex-dividend date was Friday, December 19th.

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.