Argent Advisors Inc. Trims Stock Position in iShares Core 1-5 Year USD Bond ETF $ISTB

Argent Advisors Inc. lowered its stake in shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 23.4% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 51,057 shares of the company’s stock after selling 15,575 shares during the period. Argent Advisors Inc.’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $2,489,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Guidance Point Advisors LLC increased its stake in shares of iShares Core 1-5 Year USD Bond ETF by 13.2% in the 4th quarter. Guidance Point Advisors LLC now owns 5,935 shares of the company’s stock valued at $290,000 after purchasing an additional 690 shares in the last quarter. Shepherd Street Advisors LLC purchased a new position in shares of iShares Core 1-5 Year USD Bond ETF in the 4th quarter valued at about $3,474,000. Goldman Sachs Group Inc. increased its stake in shares of iShares Core 1-5 Year USD Bond ETF by 19.7% in the 4th quarter. Goldman Sachs Group Inc. now owns 550,841 shares of the company’s stock valued at $26,853,000 after purchasing an additional 90,674 shares in the last quarter. Rice Partnership LLC increased its stake in shares of iShares Core 1-5 Year USD Bond ETF by 21.5% in the 4th quarter. Rice Partnership LLC now owns 4,846 shares of the company’s stock valued at $236,000 after purchasing an additional 858 shares in the last quarter. Finally, Calton & Associates Inc. purchased a new position in shares of iShares Core 1-5 Year USD Bond ETF in the 4th quarter valued at about $458,000.

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 $48.17 on Friday. iShares Core 1-5 Year USD Bond ETF has a twelve month low of $48.03 and a twelve month high of $49.05. The business has a 50-day moving average price of $48.34 and a 200 day moving average price of $48.61. The firm has a market cap of $4.72 billion, a PE ratio of 10.99 and a beta of 0.11.

iShares Core 1-5 Year USD Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, June 4th. Investors of record on Monday, June 1st were issued a $0.172 dividend. This represents a c) annualized dividend and a yield of 4.3%. The ex-dividend date was Monday, June 1st.

iShares Core 1-5 Year USD Bond ETF 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.