Argent Advisors Inc. Has $3.25 Million Stake in iShares Core 1-5 Year USD Bond ETF $ISTB

Argent Advisors Inc. decreased its holdings in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 77.5% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 66,632 shares of the company’s stock after selling 230,149 shares during the quarter. iShares Core 1-5 Year USD Bond ETF makes up about 1.0% of Argent Advisors Inc.’s investment portfolio, making the stock its 27th largest position. Argent Advisors Inc.’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $3,254,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. CoreCap Advisors LLC increased its stake in shares of iShares Core 1-5 Year USD Bond ETF by 174.1% in the third quarter. CoreCap Advisors LLC now owns 721 shares of the company’s stock valued at $35,000 after buying an additional 458 shares in the last quarter. Twin Peaks Wealth Advisors LLC bought a new stake in iShares Core 1-5 Year USD Bond ETF during the 2nd quarter worth about $37,000. Assetmark Inc. increased its position in iShares Core 1-5 Year USD Bond ETF by 1,394.0% in the 2nd quarter. Assetmark Inc. now owns 1,748 shares of the company’s stock valued at $85,000 after acquiring an additional 1,631 shares in the last quarter. Bfsg LLC raised its stake in shares of iShares Core 1-5 Year USD Bond ETF by 7.4% in the third quarter. Bfsg LLC now owns 3,196 shares of the company’s stock worth $156,000 after acquiring an additional 219 shares during the last quarter. Finally, Rice Partnership LLC acquired a new position in shares of iShares Core 1-5 Year USD Bond ETF during the second quarter worth approximately $185,000.

iShares Core 1-5 Year USD Bond ETF Price Performance

ISTB opened at $48.85 on Friday. The stock has a market capitalization of $4.71 billion, a P/E ratio of 10.99 and a beta of 0.11. The company’s 50 day simple moving average is $48.78 and its 200-day simple moving average is $48.75. iShares Core 1-5 Year USD Bond ETF has a one year low of $47.73 and a one year high of $48.99.

iShares Core 1-5 Year USD Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, December 24th. Shareholders of record on Friday, December 19th were given a $0.1699 dividend. This represents a c) dividend on an annualized basis and a yield of 4.2%. The ex-dividend date was Friday, December 19th. This is a positive change from iShares Core 1-5 Year USD Bond ETF’s previous monthly dividend of $0.17.

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.