Bluestem Financial Advisors LLC Cuts Stake in iShares Core 1-5 Year USD Bond ETF $ISTB

Bluestem Financial Advisors LLC cut its stake in shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 11.5% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 94,195 shares of the company’s stock after selling 12,280 shares during the quarter. iShares Core 1-5 Year USD Bond ETF comprises approximately 1.8% of Bluestem Financial Advisors LLC’s portfolio, making the stock its 12th biggest position. Bluestem Financial Advisors LLC owned approximately 0.10% of iShares Core 1-5 Year USD Bond ETF worth $4,565,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently modified their holdings of the stock. Goldman Sachs Group Inc. grew its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 100.9% during the first quarter. Goldman Sachs Group Inc. now owns 165,118 shares of the company’s stock valued at $7,983,000 after buying an additional 82,911 shares during the last quarter. Jane Street Group LLC bought a new stake in shares of iShares Core 1-5 Year USD Bond ETF in the 1st quarter worth $1,681,000. NewEdge Advisors LLC raised its stake in shares of iShares Core 1-5 Year USD Bond ETF by 13.4% in the second quarter. NewEdge Advisors LLC now owns 57,776 shares of the company’s stock worth $2,811,000 after purchasing an additional 6,809 shares during the last quarter. Betterment LLC lifted its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 6.8% during the second quarter. Betterment LLC now owns 39,922 shares of the company’s stock valued at $1,942,000 after purchasing an additional 2,550 shares in the last quarter. Finally, Ameriprise Financial Inc. lifted its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 60.0% during the second quarter. Ameriprise Financial Inc. now owns 513,291 shares of the company’s stock valued at $24,979,000 after purchasing an additional 192,418 shares in the last quarter.

iShares Core 1-5 Year USD Bond ETF Stock Performance

Shares of NASDAQ:ISTB opened at $48.02 on Thursday. iShares Core 1-5 Year USD Bond ETF has a fifty-two week low of $47.98 and a fifty-two week high of $49.05. The business has a 50-day simple moving average of $48.21 and a two-hundred day simple moving average of $48.50. The firm has a market cap of $5.04 billion, a price-to-earnings ratio of 10.99 and a beta of 0.11.

iShares Core 1-5 Year USD Bond ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, July 7th. Stockholders of record on Wednesday, July 1st were issued a dividend of $0.1713 per share. The ex-dividend date of this dividend was Wednesday, July 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.