Prosperity Planning Inc. Decreases Stake in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB)

Prosperity Planning Inc. reduced its holdings in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 0.7% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 648,825 shares of the company’s stock after selling 4,820 shares during the quarter. iShares Core 1-5 Year USD Bond ETF accounts for about 11.6% of Prosperity Planning Inc.’s investment portfolio, making the stock its largest position. Prosperity Planning Inc. owned 0.75% of iShares Core 1-5 Year USD Bond ETF worth $30,858,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors 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 3.2% in the 3rd quarter. Acorns Advisers LLC now owns 8,228,082 shares of the company’s stock worth $381,618,000 after purchasing an additional 254,941 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in iShares Core 1-5 Year USD Bond ETF by 70.8% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 3,936,382 shares of the company’s stock worth $182,569,000 after buying an additional 1,631,572 shares during the period. Spinnaker Trust increased its stake in shares of iShares Core 1-5 Year USD Bond ETF by 3,449.7% during the fourth quarter. Spinnaker Trust now owns 1,210,386 shares of the company’s stock valued at $57,566,000 after buying an additional 1,176,288 shares during the period. Raymond James & Associates raised its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 7.6% during the fourth quarter. Raymond James & Associates now owns 1,161,463 shares of the company’s stock valued at $55,239,000 after acquiring an additional 82,192 shares in the last quarter. Finally, Cahaba Wealth Management Inc. boosted its holdings in iShares Core 1-5 Year USD Bond ETF by 5.4% in the fourth quarter. Cahaba Wealth Management Inc. now owns 718,464 shares of the company’s stock valued at $34,170,000 after acquiring an additional 36,499 shares in the last quarter.

iShares Core 1-5 Year USD Bond ETF Trading Down 0.1 %

NASDAQ ISTB traded down $0.07 during trading on Wednesday, hitting $46.85. The company had a trading volume of 480,920 shares, compared to its average volume of 491,762. The company’s fifty day moving average is $47.20 and its 200-day moving average is $47.11. The company has a market cap of $4.02 billion, a price-to-earnings ratio of 16.67 and a beta of 0.07. iShares Core 1-5 Year USD Bond ETF has a one year low of $45.37 and a one year high of $48.32.

iShares Core 1-5 Year USD Bond ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Friday, April 5th. Stockholders of record on Tuesday, April 2nd were paid a $0.1504 dividend. The ex-dividend date was Monday, April 1st. This represents a $1.81 annualized dividend and a dividend yield of 3.85%.

iShares Core 1-5 Year USD Bond ETF Company 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.