Arkansas Financial Group Inc. Reduces Stock Position in iShares Core 1-5 Year USD Bond ETF $ISTB

Arkansas Financial Group Inc. decreased its position in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 17.1% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 113,686 shares of the company’s stock after selling 23,381 shares during the quarter. iShares Core 1-5 Year USD Bond ETF makes up 0.8% of Arkansas Financial Group Inc.’s investment portfolio, making the stock its 28th largest position. Arkansas Financial Group Inc. owned 0.12% of iShares Core 1-5 Year USD Bond ETF worth $5,542,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Leavell Investment Management Inc. grew its stake in shares of iShares Core 1-5 Year USD Bond ETF by 1.6% in the second quarter. Leavell Investment Management Inc. now owns 13,685 shares of the company’s stock worth $666,000 after purchasing an additional 222 shares during the last quarter. Sfmg LLC lifted its holdings in iShares Core 1-5 Year USD Bond ETF by 4.7% in the 2nd quarter. Sfmg LLC now owns 5,210 shares of the company’s stock worth $253,000 after buying an additional 233 shares during the period. Farther Finance Advisors LLC grew its position in shares of iShares Core 1-5 Year USD Bond ETF by 4.2% in the 3rd quarter. Farther Finance Advisors LLC now owns 6,629 shares of the company’s stock worth $324,000 after buying an additional 270 shares during the last quarter. Samalin Investment Counsel LLC increased its stake in shares of iShares Core 1-5 Year USD Bond ETF by 0.5% during the second quarter. Samalin Investment Counsel LLC now owns 55,239 shares of the company’s stock valued at $2,687,000 after buying an additional 295 shares during the period. Finally, MKT Advisors LLC increased its stake in shares of iShares Core 1-5 Year USD Bond ETF by 0.8% during the third quarter. MKT Advisors LLC now owns 38,014 shares of the company’s stock valued at $1,854,000 after buying an additional 295 shares during the period.

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

Shares of ISTB stock opened at $48.77 on Friday. The firm has a market capitalization of $4.71 billion, a price-to-earnings ratio of 10.99 and a beta of 0.11. The stock has a fifty day moving average of $48.77 and a 200 day moving average of $48.72. iShares Core 1-5 Year USD Bond ETF has a 52 week low of $47.57 and a 52 week high of $48.99.

iShares Core 1-5 Year USD Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, December 24th. Stockholders of record on Friday, December 19th were paid a dividend of $0.1699 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date of this dividend was Friday, December 19th. This is a positive change from iShares Core 1-5 Year USD Bond ETF’s previous monthly dividend of $0.17.

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.