iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) Stock Position Boosted by Prosperity Planning Inc.

Prosperity Planning Inc. increased its position in shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 6.4% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 792,445 shares of the company’s stock after purchasing an additional 47,752 shares during the quarter. iShares Core 1-5 Year USD Bond ETF makes up approximately 12.1% of Prosperity Planning Inc.’s investment portfolio, making the stock its largest position. Prosperity Planning Inc. owned about 0.89% of iShares Core 1-5 Year USD Bond ETF worth $37,855,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in ISTB. Courage Miller Partners LLC raised its position in shares of iShares Core 1-5 Year USD Bond ETF by 2.8% during the 4th quarter. Courage Miller Partners LLC now owns 518,656 shares of the company’s stock valued at $24,776,000 after buying an additional 14,359 shares during the period. Zhang Financial LLC purchased a new stake in iShares Core 1-5 Year USD Bond ETF in the fourth quarter valued at $298,000. Donor Advised Charitable Giving Inc. acquired a new position in shares of iShares Core 1-5 Year USD Bond ETF in the 4th quarter valued at $374,000. Pine Haven Investment Counsel Inc grew its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 21.5% during the 4th quarter. Pine Haven Investment Counsel Inc now owns 14,835 shares of the company’s stock worth $709,000 after purchasing an additional 2,630 shares during the period. Finally, City Holding Co. increased its position in shares of iShares Core 1-5 Year USD Bond ETF by 1.3% during the 4th quarter. City Holding Co. now owns 42,320 shares of the company’s stock worth $2,022,000 after purchasing an additional 528 shares during the last quarter.

iShares Core 1-5 Year USD Bond ETF Stock Performance

iShares Core 1-5 Year USD Bond ETF stock opened at $47.86 on Tuesday. The company has a market capitalization of $4.25 billion, a price-to-earnings ratio of 16.72 and a beta of 0.07. iShares Core 1-5 Year USD Bond ETF has a 1 year low of $46.65 and a 1 year high of $48.75. The company’s 50 day simple moving average is $47.84 and its 200-day simple moving average is $48.05.

iShares Core 1-5 Year USD Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were issued a dividend of $0.1587 per share. The ex-dividend date was Wednesday, December 18th. This represents a $1.90 annualized dividend and a yield of 3.98%.

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.