Phillips Financial Management LLC Sells 6,644 Shares of iShares Core 1-5 Year USD Bond ETF $ISTB

Phillips Financial Management LLC lessened its holdings in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 3.4% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 189,072 shares of the company’s stock after selling 6,644 shares during the period. Phillips Financial Management LLC’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $9,198,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the business. Acorns Advisers LLC increased its position in iShares Core 1-5 Year USD Bond ETF by 1.8% in the first quarter. Acorns Advisers LLC now owns 10,922,893 shares of the company’s stock worth $528,122,000 after purchasing an additional 194,526 shares during the last quarter. Raymond James Financial Inc. boosted its stake in iShares Core 1-5 Year USD Bond ETF by 5.1% during the first quarter. Raymond James Financial Inc. now owns 1,996,862 shares of the company’s stock worth $96,548,000 after buying an additional 96,937 shares during the period. Townsend & Associates Inc boosted its stake in iShares Core 1-5 Year USD Bond ETF by 1.6% during the second quarter. Townsend & Associates Inc now owns 1,110,526 shares of the company’s stock worth $53,861,000 after buying an additional 17,378 shares during the period. Cahaba Wealth Management Inc. boosted its stake in iShares Core 1-5 Year USD Bond ETF by 4.4% during the first quarter. Cahaba Wealth Management Inc. now owns 965,759 shares of the company’s stock worth $46,694,000 after buying an additional 40,380 shares during the period. Finally, Prosperity Planning Inc. boosted its stake in iShares Core 1-5 Year USD Bond ETF by 2.5% during the second quarter. Prosperity Planning Inc. now owns 855,558 shares of the company’s stock worth $41,623,000 after buying an additional 21,049 shares during the period.

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

NASDAQ ISTB opened at $48.96 on Wednesday. The company has a fifty day moving average of $48.80 and a two-hundred day moving average of $48.49. The firm has a market capitalization of $4.60 billion, a price-to-earnings ratio of 10.99 and a beta of 0.07. iShares Core 1-5 Year USD Bond ETF has a 52 week low of $47.57 and a 52 week high of $48.99.

iShares Core 1-5 Year USD Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, October 6th. Shareholders of record on Wednesday, October 1st were paid a dividend of $0.168 per share. This represents a c) annualized dividend and a yield of 4.1%. The ex-dividend date of this dividend was Wednesday, October 1st.

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.