JPMorgan Chase & Co. Has $42 Million Stock Position in iShares Core 1-5 Year USD Bond ETF $ISTB

JPMorgan Chase & Co. reduced its holdings in shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 7.6% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 859,883 shares of the company’s stock after selling 71,008 shares during the quarter. JPMorgan Chase & Co.’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $41,997,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of ISTB. Acorns Advisers LLC raised its stake in iShares Core 1-5 Year USD Bond ETF by 7.8% during the third quarter. Acorns Advisers LLC now owns 10,992,587 shares of the company’s stock worth $536,878,000 after acquiring an additional 793,589 shares in the last quarter. Raymond James Financial Inc. boosted its stake in shares of iShares Core 1-5 Year USD Bond ETF by 5.9% in the 3rd quarter. Raymond James Financial Inc. now owns 2,113,364 shares of the company’s stock valued at $103,217,000 after purchasing an additional 117,977 shares in the last quarter. Spinnaker Trust boosted its stake in shares of iShares Core 1-5 Year USD Bond ETF by 0.6% in the 3rd quarter. Spinnaker Trust now owns 1,345,877 shares of the company’s stock valued at $65,733,000 after purchasing an additional 7,529 shares in the last quarter. Mariner LLC grew its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 7.9% during the 3rd quarter. Mariner LLC now owns 1,248,030 shares of the company’s stock valued at $60,954,000 after purchasing an additional 91,459 shares during the last quarter. Finally, Jones Financial Companies Lllp grew its holdings in shares of 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.

iShares Core 1-5 Year USD Bond ETF Price Performance

ISTB stock opened at $48.32 on Friday. The stock has a market cap of $4.72 billion, a price-to-earnings ratio of 10.99 and a beta of 0.11. The company has a 50 day simple moving average of $48.76 and a 200 day simple moving average of $48.79. iShares Core 1-5 Year USD Bond ETF has a 1 year low of $47.77 and a 1 year high of $49.05.

iShares Core 1-5 Year USD Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd were issued a dividend of $0.1656 per share. The ex-dividend date was Monday, March 2nd. This represents a c) annualized dividend and a dividend yield of 4.1%.

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.