BCGM Wealth Management LLC Reduces Stock Position in iShares Core 1-5 Year USD Bond ETF $ISTB

BCGM Wealth Management LLC decreased its position in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 43.3% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 50,232 shares of the company’s stock after selling 38,412 shares during the quarter. BCGM Wealth Management LLC owned approximately 0.05% of iShares Core 1-5 Year USD Bond ETF worth $2,453,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of ISTB. Spinnaker Trust grew its stake in shares of iShares Core 1-5 Year USD Bond ETF by 0.6% in the third quarter. Spinnaker Trust now owns 1,345,877 shares of the company’s stock worth $65,733,000 after purchasing an additional 7,529 shares during the last quarter. Jones Financial Companies Lllp raised its position in iShares Core 1-5 Year USD Bond ETF by 19.6% during the 3rd quarter. Jones Financial Companies Lllp now owns 1,176,780 shares of the company’s stock valued at $57,427,000 after purchasing an additional 193,124 shares during the last quarter. Townsend & Associates Inc lifted its holdings in iShares Core 1-5 Year USD Bond ETF by 3.5% in the 3rd quarter. Townsend & Associates Inc now owns 1,149,069 shares of the company’s stock worth $56,224,000 after buying an additional 38,543 shares during the period. Cahaba Wealth Management Inc. grew its position in shares of iShares Core 1-5 Year USD Bond ETF by 4.9% in the 3rd quarter. Cahaba Wealth Management Inc. now owns 997,635 shares of the company’s stock worth $48,724,000 after buying an additional 46,350 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its position in shares of iShares Core 1-5 Year USD Bond ETF by 24.2% in the 2nd quarter. JPMorgan Chase & Co. now owns 930,891 shares of the company’s stock worth $45,288,000 after buying an additional 181,524 shares during the last quarter.

iShares Core 1-5 Year USD Bond ETF Stock Up 0.1%

Shares of iShares Core 1-5 Year USD Bond ETF stock opened at $49.02 on Monday. The company has a market cap of $4.78 billion, a PE ratio of 10.99 and a beta of 0.11. The business has a 50 day moving average of $48.81 and a 200 day moving average of $48.80. iShares Core 1-5 Year USD Bond ETF has a 52 week low of $47.77 and a 52 week high of $49.05.

iShares Core 1-5 Year USD Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were issued a $0.1724 dividend. This represents a c) annualized dividend and a yield of 4.2%. This is a boost from iShares Core 1-5 Year USD Bond ETF’s previous monthly dividend of $0.17. The ex-dividend date was Monday, February 2nd.

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.