Lineweaver Wealth Advisors LLC Sells 201,311 Shares of iShares Core 1-5 Year USD Bond ETF $ISTB

Lineweaver Wealth Advisors LLC reduced its holdings in shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 80.8% during the third quarter, Holdings Channel reports. The fund owned 47,715 shares of the company’s stock after selling 201,311 shares during the period. Lineweaver Wealth Advisors LLC’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $2,330,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. Leavell Investment Management Inc. grew its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 1.6% during the 2nd quarter. Leavell Investment Management Inc. now owns 13,685 shares of the company’s stock valued at $666,000 after purchasing an additional 222 shares during the last quarter. Sfmg LLC grew its stake in shares of iShares Core 1-5 Year USD Bond ETF by 4.7% during the second quarter. Sfmg LLC now owns 5,210 shares of the company’s stock valued at $253,000 after buying an additional 233 shares during the last quarter. Samalin Investment Counsel LLC increased its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 0.5% in the second quarter. Samalin Investment Counsel LLC now owns 55,239 shares of the company’s stock worth $2,687,000 after buying an additional 295 shares during the period. Pine Haven Investment Counsel Inc lifted its stake in shares of iShares Core 1-5 Year USD Bond ETF by 1.9% in the 2nd quarter. Pine Haven Investment Counsel Inc now owns 16,485 shares of the company’s stock valued at $802,000 after acquiring an additional 300 shares during the last quarter. Finally, TD Waterhouse Canada Inc. lifted its stake in shares of iShares Core 1-5 Year USD Bond ETF by 1.9% in the 2nd quarter. TD Waterhouse Canada Inc. now owns 16,929 shares of the company’s stock valued at $820,000 after acquiring an additional 320 shares during the last quarter.

iShares Core 1-5 Year USD Bond ETF Price Performance

Shares of ISTB stock opened at $48.68 on Friday. The business has a 50-day moving average of $48.82 and a 200 day moving average of $48.67. iShares Core 1-5 Year USD Bond ETF has a 1-year low of $47.57 and a 1-year high of $48.99. The stock has a market capitalization of $4.62 billion, a PE 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 will be paid on Wednesday, December 24th. Stockholders of record on Friday, December 19th will be issued a $0.1699 dividend. This is a positive change from iShares Core 1-5 Year USD Bond ETF’s previous monthly dividend of $0.17. This represents a c) annualized dividend and a dividend yield of 4.2%. The ex-dividend date is 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.