Advisory Services Network LLC Has $1.04 Million Stock Holdings in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB)

Advisory Services Network LLC reduced its stake in shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 1.5% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 21,752 shares of the company’s stock after selling 330 shares during the period. Advisory Services Network LLC’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $1,039,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. Bank of Montreal Can raised its stake in shares of iShares Core 1-5 Year USD Bond ETF by 0.6% in the 4th quarter. Bank of Montreal Can now owns 203,646 shares of the company’s stock valued at $9,728,000 after purchasing an additional 1,195 shares during the period. Envestnet Asset Management Inc. grew its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 3.1% during the fourth quarter. Envestnet Asset Management Inc. now owns 597,640 shares of the company’s stock worth $28,549,000 after buying an additional 18,171 shares in the last quarter. Oarsman Capital Inc. raised its position in iShares Core 1-5 Year USD Bond ETF by 13.2% in the 4th quarter. Oarsman Capital Inc. now owns 33,428 shares of the company’s stock valued at $1,597,000 after buying an additional 3,891 shares during the last quarter. Wells Fargo & Company MN lifted its stake in iShares Core 1-5 Year USD Bond ETF by 7.7% in the 4th quarter. Wells Fargo & Company MN now owns 598,274 shares of the company’s stock valued at $28,580,000 after acquiring an additional 42,812 shares in the last quarter. Finally, Wescott Financial Advisory Group LLC boosted its position in iShares Core 1-5 Year USD Bond ETF by 13.6% during the 4th quarter. Wescott Financial Advisory Group LLC now owns 172,389 shares of the company’s stock worth $8,235,000 after acquiring an additional 20,579 shares during the last quarter.

iShares Core 1-5 Year USD Bond ETF Stock Down 0.2 %

Shares of ISTB opened at $47.89 on Monday. 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 market capitalization of $4.48 billion, a P/E ratio of 10.89 and a beta of 0.07. The company has a 50 day moving average of $48.11 and a 200-day moving average of $48.02.

iShares Core 1-5 Year USD Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, April 4th. Investors of record on Tuesday, April 1st were given a $0.166 dividend. The ex-dividend date of this dividend was Tuesday, April 1st. This represents a $1.99 dividend on an annualized basis and a yield of 4.16%. This is an increase from iShares Core 1-5 Year USD Bond ETF’s previous monthly dividend of $0.16.

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.