Spire Wealth Management Sells 218 Shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB)

Spire Wealth Management cut its holdings in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 27.3% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 580 shares of the company’s stock after selling 218 shares during the quarter. Spire Wealth Management’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $28,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the business. Ameriflex Group Inc. purchased a new position in shares of iShares Core 1-5 Year USD Bond ETF during the fourth quarter valued at approximately $34,000. NBC Securities Inc. lifted its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 75,900.0% during the 1st quarter. NBC Securities Inc. now owns 760 shares of the company’s stock valued at $36,000 after buying an additional 759 shares during the period. BNP Paribas Financial Markets bought a new stake in shares of iShares Core 1-5 Year USD Bond ETF in the fourth quarter worth $46,000. Farther Finance Advisors LLC lifted its holdings in iShares Core 1-5 Year USD Bond ETF by 223.4% in the first quarter. Farther Finance Advisors LLC now owns 1,258 shares of the company’s stock valued at $61,000 after acquiring an additional 869 shares during the period. Finally, Burkett Financial Services LLC increased its position in shares of iShares Core 1-5 Year USD Bond ETF by 115.4% during the 1st quarter. Burkett Financial Services LLC now owns 2,141 shares of the company’s stock valued at $104,000 after purchasing an additional 1,147 shares during the last quarter.

iShares Core 1-5 Year USD Bond ETF Stock Performance

Shares of NASDAQ ISTB opened at $48.43 on Thursday. The firm has a 50 day moving average of $48.30 and a 200 day moving average of $48.10. The firm has a market capitalization of $4.52 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 12-month low of $47.26 and a 12-month high of $48.75.

iShares Core 1-5 Year USD Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which will be paid on Monday, July 7th. Investors of record on Tuesday, July 1st will be issued a $0.1681 dividend. The ex-dividend date is Tuesday, July 1st. This represents a $2.02 dividend on an annualized basis and a yield of 4.17%.

iShares Core 1-5 Year USD Bond ETF 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.