NorthLanding Financial Partners LLC Trims Stake in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB)

NorthLanding Financial Partners LLC lessened its stake in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 30.2% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 41,232 shares of the company’s stock after selling 17,848 shares during the quarter. iShares Core 1-5 Year USD Bond ETF comprises 2.3% of NorthLanding Financial Partners LLC’s holdings, making the stock its 12th largest position. NorthLanding Financial Partners LLC’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $1,961,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in ISTB. CWM LLC increased its stake in iShares Core 1-5 Year USD Bond ETF by 27.8% in the 3rd quarter. CWM LLC now owns 14,807 shares of the company’s stock worth $687,000 after buying an additional 3,225 shares during the period. Meridian Wealth Management LLC increased its stake in iShares Core 1-5 Year USD Bond ETF by 6.6% in the 3rd quarter. Meridian Wealth Management LLC now owns 58,049 shares of the company’s stock worth $2,692,000 after buying an additional 3,596 shares during the period. Cahaba Wealth Management Inc. grew its holdings in iShares Core 1-5 Year USD Bond ETF by 8.5% during the 3rd quarter. Cahaba Wealth Management Inc. now owns 681,965 shares of the company’s stock worth $31,630,000 after acquiring an additional 53,213 shares in the last quarter. Oak Harbor Wealth Partners LLC grew its holdings in iShares Core 1-5 Year USD Bond ETF by 38.4% during the 3rd quarter. Oak Harbor Wealth Partners LLC now owns 7,863 shares of the company’s stock worth $365,000 after acquiring an additional 2,183 shares in the last quarter. Finally, JGP Wealth Management LLC grew its holdings in iShares Core 1-5 Year USD Bond ETF by 5.4% during the 3rd quarter. JGP Wealth Management LLC now owns 59,326 shares of the company’s stock worth $2,752,000 after acquiring an additional 3,054 shares in the last quarter.

iShares Core 1-5 Year USD Bond ETF Stock Performance

iShares Core 1-5 Year USD Bond ETF stock traded down $0.05 during midday trading on Wednesday, hitting $46.95. 195,527 shares of the company’s stock were exchanged, compared to its average volume of 505,600. iShares Core 1-5 Year USD Bond ETF has a 12 month low of $45.37 and a 12 month high of $48.32. The firm has a 50-day moving average of $47.23 and a two-hundred day moving average of $47.09. The company has a market cap of $4.04 billion, a PE ratio of 16.75 and a beta of 0.07.

iShares Core 1-5 Year USD Bond ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Friday, April 5th. Shareholders of record on Tuesday, April 2nd were issued a dividend of $0.1504 per share. This represents a $1.81 annualized dividend and a yield of 3.85%. The ex-dividend date was Monday, April 1st.

About iShares Core 1-5 Year USD Bond ETF

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.