Divergent Wealth Advisors Has $12.08 Million Position in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB)

Divergent Wealth Advisors reduced its position in shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTBFree Report) by 1.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 253,997 shares of the company’s stock after selling 2,835 shares during the period. iShares Core 1-5 Year USD Bond ETF accounts for about 2.5% of Divergent Wealth Advisors’ holdings, making the stock its 10th biggest position. Divergent Wealth Advisors owned approximately 0.29% of iShares Core 1-5 Year USD Bond ETF worth $12,080,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in ISTB. Corient Private Wealth LLC purchased a new stake in shares of iShares Core 1-5 Year USD Bond ETF during the 4th quarter valued at $6,972,000. Sachetta LLC bought a new position in iShares Core 1-5 Year USD Bond ETF during the fourth quarter valued at about $86,000. Schneider Downs Wealth Management Advisors LP purchased a new stake in iShares Core 1-5 Year USD Bond ETF during the fourth quarter worth about $395,000. PNC Financial Services Group Inc. raised its position in iShares Core 1-5 Year USD Bond ETF by 7.3% in the fourth quarter. PNC Financial Services Group Inc. now owns 195,598 shares of the company’s stock worth $9,303,000 after acquiring an additional 13,236 shares during the period. Finally, Beacon Pointe Advisors LLC boosted its stake in iShares Core 1-5 Year USD Bond ETF by 4.5% in the fourth quarter. Beacon Pointe Advisors LLC now owns 221,244 shares of the company’s stock valued at $10,522,000 after acquiring an additional 9,459 shares during the last quarter.

iShares Core 1-5 Year USD Bond ETF Trading Down 0.1 %

Shares of ISTB stock traded down $0.06 during trading hours on Wednesday, hitting $47.21. 176,538 shares of the company were exchanged, compared to its average volume of 464,040. The stock has a market capitalization of $4.05 billion, a price-to-earnings ratio of 16.72 and a beta of 0.07. The firm has a fifty day simple moving average of $47.14 and a 200 day simple moving average of $47.21. iShares Core 1-5 Year USD Bond ETF has a 52-week low of $45.37 and a 52-week high of $48.32.

iShares Core 1-5 Year USD Bond ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, May 7th. Shareholders of record on Thursday, May 2nd were given a $0.1462 dividend. This represents a $1.75 dividend on an annualized basis and a yield of 3.72%. The ex-dividend date was Wednesday, May 1st.

iShares Core 1-5 Year USD Bond ETF Profile

(Free Report)

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.

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Institutional Ownership by Quarter for iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB)

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