Valmark Advisers Inc. Sells 771 Shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB)

Valmark Advisers Inc. lessened its holdings in shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 1.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 48,466 shares of the company’s stock after selling 771 shares during the period. Valmark Advisers Inc. owned approximately 0.05% of iShares Core 1-5 Year USD Bond ETF worth $2,305,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Oak Harbor Wealth Partners LLC lifted its stake in iShares Core 1-5 Year USD Bond ETF by 38.4% in the 3rd quarter. Oak Harbor Wealth Partners LLC now owns 7,863 shares of the company’s stock valued at $365,000 after acquiring an additional 2,183 shares in the last quarter. JGP Wealth Management LLC lifted its stake in iShares Core 1-5 Year USD Bond ETF by 5.4% in the 3rd quarter. JGP Wealth Management LLC now owns 59,326 shares of the company’s stock valued at $2,752,000 after acquiring an additional 3,054 shares in the last quarter. Sunesis Advisors LLC bought a new stake in iShares Core 1-5 Year USD Bond ETF in the 3rd quarter valued at approximately $1,431,000. Commonwealth Equity Services LLC increased its position in shares of iShares Core 1-5 Year USD Bond ETF by 4.1% during the 3rd quarter. Commonwealth Equity Services LLC now owns 287,552 shares of the company’s stock worth $13,337,000 after purchasing an additional 11,297 shares during the last quarter. Finally, Patton Albertson Miller Group LLC acquired a new position in shares of iShares Core 1-5 Year USD Bond ETF during the 3rd quarter worth approximately $244,000.

iShares Core 1-5 Year USD Bond ETF Trading Up 0.0 %

Shares of NASDAQ:ISTB traded up $0.02 during trading on Friday, hitting $46.93. 197,590 shares of the company were exchanged, compared to its average volume of 499,109. The stock has a market cap of $4.04 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 fifty-two week low of $45.37 and a fifty-two week high of $48.32. The firm has a fifty day moving average price of $47.21 and a two-hundred day moving average price of $47.09.

iShares Core 1-5 Year USD Bond ETF Dividend Announcement

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

About iShares Core 1-5 Year USD Bond ETF

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.