Shepherd Street Advisors LLC Takes $3.47 Million Position in iShares Core 1-5 Year USD Bond ETF $ISTB

Shepherd Street Advisors LLC bought a new stake in shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 71,258 shares of the company’s stock, valued at approximately $3,474,000. iShares Core 1-5 Year USD Bond ETF makes up 3.3% of Shepherd Street Advisors LLC’s holdings, making the stock its 5th largest position. Shepherd Street Advisors LLC owned 0.07% of iShares Core 1-5 Year USD Bond ETF as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of ISTB. Acorns Advisers LLC boosted its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 7.8% during the 3rd quarter. Acorns Advisers LLC now owns 10,992,587 shares of the company’s stock valued at $536,878,000 after buying an additional 793,589 shares in the last quarter. Boyd Wealth Management LLC bought a new stake in shares of iShares Core 1-5 Year USD Bond ETF during the 4th quarter valued at $13,198,000. Jones Financial Companies Lllp boosted 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 buying an additional 193,124 shares in the last quarter. Ameriprise Financial Inc. boosted its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 60.0% during the 2nd quarter. Ameriprise Financial Inc. now owns 513,291 shares of the company’s stock valued at $24,979,000 after buying an additional 192,418 shares in the last quarter. Finally, Bank of America Corp DE boosted its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 22.7% during the 3rd quarter. Bank of America Corp DE now owns 938,044 shares of the company’s stock valued at $45,814,000 after buying an additional 173,303 shares in the last quarter.

iShares Core 1-5 Year USD Bond ETF Stock Performance

Shares of ISTB stock opened at $48.17 on Wednesday. iShares Core 1-5 Year USD Bond ETF has a 12 month low of $48.03 and a 12 month high of $49.05. The stock has a market cap of $4.72 billion, a PE ratio of 10.99 and a beta of 0.11. The company’s fifty day moving average price is $48.35 and its 200-day moving average price is $48.62.

iShares Core 1-5 Year USD Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which will be paid on Thursday, June 4th. Investors of record on Monday, June 1st will be paid a $0.172 dividend. The ex-dividend date is Monday, June 1st. This represents a c) dividend on an annualized basis and a yield of 4.3%.

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.