Lineweaver Wealth Advisors LLC Sells 52,644 Shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB)

Lineweaver Wealth Advisors LLC cut its stake in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 20.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 206,719 shares of the company’s stock after selling 52,644 shares during the period. iShares Core 1-5 Year USD Bond ETF comprises about 1.8% of Lineweaver Wealth Advisors LLC’s investment portfolio, making the stock its 14th largest position. Lineweaver Wealth Advisors LLC owned 0.23% of iShares Core 1-5 Year USD Bond ETF worth $9,880,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. Spinnaker Trust grew its stake in iShares Core 1-5 Year USD Bond ETF by 16.3% in the 4th quarter. Spinnaker Trust now owns 1,504,770 shares of the company’s stock worth $71,883,000 after acquiring an additional 210,364 shares in the last quarter. Townsend & Associates Inc grew its stake in iShares Core 1-5 Year USD Bond ETF by 2.0% in the fourth quarter. Townsend & Associates Inc now owns 1,025,796 shares of the company’s stock worth $49,125,000 after purchasing an additional 20,517 shares in the last quarter. Prosperity Planning Inc. grew its stake in iShares Core 1-5 Year USD Bond ETF by 6.4% in the fourth quarter. Prosperity Planning Inc. now owns 792,445 shares of the company’s stock worth $37,855,000 after purchasing an additional 47,752 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in iShares Core 1-5 Year USD Bond ETF by 1.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 700,762 shares of the company’s stock worth $34,113,000 after purchasing an additional 7,741 shares during the period. Finally, Destination Wealth Management raised its position in iShares Core 1-5 Year USD Bond ETF by 2.9% during the 3rd quarter. Destination Wealth Management now owns 534,405 shares of the company’s stock valued at $26,015,000 after purchasing an additional 15,083 shares in the last quarter.

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

Shares of ISTB stock opened at $48.23 on Thursday. The stock has a market capitalization of $4.29 billion, a price-to-earnings ratio of 16.46 and a beta of 0.07. iShares Core 1-5 Year USD Bond ETF has a twelve month low of $46.65 and a twelve month high of $48.75. The stock has a fifty day simple moving average of $47.85 and a two-hundred day simple moving average of $48.08.

iShares Core 1-5 Year USD Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, February 3rd were issued a dividend of $0.1632 per share. The ex-dividend date of this dividend was Monday, February 3rd.

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.