InterOcean Capital Group LLC Has $1.32 Million Position in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB)

InterOcean Capital Group LLC lessened its holdings in shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 26.7% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 27,662 shares of the company’s stock after selling 10,072 shares during the period. InterOcean Capital Group LLC’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $1,316,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the business. Wetzel Investment Advisors Inc. bought a new stake in shares of iShares Core 1-5 Year USD Bond ETF in the fourth quarter valued at about $30,000. ORG Partners LLC boosted its stake in iShares Core 1-5 Year USD Bond ETF by 68.0% during the fourth quarter. ORG Partners LLC now owns 776 shares of the company’s stock worth $37,000 after buying an additional 314 shares in the last quarter. Signaturefd LLC bought a new stake in iShares Core 1-5 Year USD Bond ETF in the 4th quarter valued at $63,000. NBC Securities Inc. bought a new position in shares of iShares Core 1-5 Year USD Bond ETF during the 3rd quarter worth about $64,000. Finally, Concourse Financial Group Securities Inc. boosted its position in shares of iShares Core 1-5 Year USD Bond ETF by 36.6% during the 4th quarter. Concourse Financial Group Securities Inc. now owns 1,504 shares of the company’s stock valued at $72,000 after acquiring an additional 403 shares in the last quarter.

iShares Core 1-5 Year USD Bond ETF Trading Down 0.2 %

NASDAQ:ISTB traded down $0.08 during mid-day trading on Thursday, hitting $47.15. The company’s stock had a trading volume of 51,214 shares, compared to its average volume of 461,001. The company has a market capitalization of $4.05 billion, a price-to-earnings ratio of 16.72 and a beta of 0.07. iShares Core 1-5 Year USD Bond ETF has a fifty-two week low of $45.37 and a fifty-two week high of $48.32. The stock has a fifty day moving average of $47.14 and a 200-day moving average of $47.21.

iShares Core 1-5 Year USD Bond ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, May 7th. Stockholders of record on Thursday, May 2nd were issued a $0.1462 dividend. The ex-dividend date of this dividend was Wednesday, May 1st. This represents a $1.75 dividend on an annualized basis and a dividend yield of 3.72%.

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.