Ironwood Investment Counsel LLC Cuts Position in iShares Core 1-5 Year USD Bond ETF $ISTB

Ironwood Investment Counsel LLC lowered its position in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 8.6% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 20,709 shares of the company’s stock after selling 1,938 shares during the quarter. Ironwood Investment Counsel LLC’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $1,008,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Acorns Advisers LLC grew its stake in shares of iShares Core 1-5 Year USD Bond ETF by 1.8% during the first quarter. Acorns Advisers LLC now owns 10,922,893 shares of the company’s stock worth $528,122,000 after purchasing an additional 194,526 shares in the last quarter. Raymond James Financial Inc. increased its stake in iShares Core 1-5 Year USD Bond ETF by 5.1% in the first quarter. Raymond James Financial Inc. now owns 1,996,862 shares of the company’s stock valued at $96,548,000 after purchasing an additional 96,937 shares during the last quarter. Townsend & Associates Inc raised its holdings in iShares Core 1-5 Year USD Bond ETF by 1.6% during the second quarter. Townsend & Associates Inc now owns 1,110,526 shares of the company’s stock worth $53,861,000 after purchasing an additional 17,378 shares in the last quarter. Prosperity Planning Inc. lifted its position in shares of iShares Core 1-5 Year USD Bond ETF by 2.5% during the 2nd quarter. Prosperity Planning Inc. now owns 855,558 shares of the company’s stock worth $41,623,000 after buying an additional 21,049 shares during the last quarter. Finally, Royal Bank of Canada grew its position in shares of iShares Core 1-5 Year USD Bond ETF by 40.2% in the 1st quarter. Royal Bank of Canada now owns 852,021 shares of the company’s stock valued at $41,195,000 after buying an additional 244,395 shares during the last quarter.

iShares Core 1-5 Year USD Bond ETF Price Performance

NASDAQ ISTB opened at $48.80 on Wednesday. iShares Core 1-5 Year USD Bond ETF has a 1 year low of $47.57 and a 1 year high of $48.99. The company has a market capitalization of $4.64 billion, a PE ratio of 10.99 and a beta of 0.11. The company has a fifty day moving average of $48.84 and a two-hundred day moving average of $48.57.

iShares Core 1-5 Year USD Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, November 6th. Stockholders of record on Monday, November 3rd were issued a $0.172 dividend. The ex-dividend date of this dividend was Monday, November 3rd. This is an increase from iShares Core 1-5 Year USD Bond ETF’s previous monthly dividend of $0.17. This represents a c) annualized dividend and a dividend yield of 4.2%.

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.