Geneos Wealth Management Inc. Boosts Stake in iShares Core 1-5 Year USD Bond ETF $ISTB

Geneos Wealth Management Inc. increased its holdings in shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 2.4% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 502,761 shares of the company’s stock after purchasing an additional 11,785 shares during the quarter. Geneos Wealth Management Inc. owned 0.55% of iShares Core 1-5 Year USD Bond ETF worth $24,459,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of ISTB. Corient Private Wealth LLC bought a new position in iShares Core 1-5 Year USD Bond ETF during the 2nd quarter valued at about $261,000. Equitable Holdings Inc. grew its stake in shares of iShares Core 1-5 Year USD Bond ETF by 53.1% in the second quarter. Equitable Holdings Inc. now owns 99,069 shares of the company’s stock worth $4,820,000 after acquiring an additional 34,358 shares during the period. Smartleaf Asset Management LLC raised its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 14.7% during the second quarter. Smartleaf Asset Management LLC now owns 13,656 shares of the company’s stock valued at $664,000 after purchasing an additional 1,751 shares during the last quarter. MML Investors Services LLC lifted its position in iShares Core 1-5 Year USD Bond ETF by 21.4% during the second quarter. MML Investors Services LLC now owns 168,694 shares of the company’s stock valued at $8,207,000 after purchasing an additional 29,683 shares during the period. Finally, BNP Paribas Financial Markets boosted its holdings in iShares Core 1-5 Year USD Bond ETF by 285.3% in the second quarter. BNP Paribas Financial Markets now owns 11,232 shares of the company’s stock worth $546,000 after purchasing an additional 8,317 shares during the last quarter.

iShares Core 1-5 Year USD Bond ETF Trading Down 0.0%

NASDAQ:ISTB opened at $48.75 on Friday. The company has a 50 day simple moving average of $48.81 and a two-hundred day simple moving average of $48.65. iShares Core 1-5 Year USD Bond ETF has a 12 month low of $47.57 and a 12 month high of $48.99. The company has a market cap of $4.63 billion, a PE ratio of 10.99 and a beta of 0.11.

iShares Core 1-5 Year USD Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, December 4th. Shareholders of record on Monday, December 1st were issued a dividend of $0.1693 per share. The ex-dividend date was Monday, December 1st. This represents a c) dividend on an annualized basis and a yield of 4.2%.

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.