Pine Haven Investment Counsel Inc Has $709,000 Stock Position in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB)

Pine Haven Investment Counsel Inc grew its stake in shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 21.5% in the 4th quarter, HoldingsChannel reports. The fund owned 14,835 shares of the company’s stock after purchasing an additional 2,630 shares during the quarter. Pine Haven Investment Counsel Inc’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $709,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently made changes to their positions in the company. Boyd Wealth Management LLC bought a new stake in iShares Core 1-5 Year USD Bond ETF in the 3rd quarter valued at about $7,841,000. Values First Advisors Inc. acquired a new stake in shares of iShares Core 1-5 Year USD Bond ETF in the third quarter valued at approximately $7,611,000. Cannon Financial Strategists Inc. acquired a new stake in shares of iShares Core 1-5 Year USD Bond ETF in the second quarter valued at approximately $3,812,000. DORVAL Corp boosted its stake in shares of iShares Core 1-5 Year USD Bond ETF by 36.6% in the third quarter. DORVAL Corp now owns 266,607 shares of the company’s stock valued at $12,893,000 after buying an additional 71,387 shares during the period. Finally, KFA Private Wealth Group LLC grew its position in iShares Core 1-5 Year USD Bond ETF by 124.5% during the third quarter. KFA Private Wealth Group LLC now owns 113,817 shares of the company’s stock worth $5,541,000 after buying an additional 63,130 shares in the last quarter.

iShares Core 1-5 Year USD Bond ETF Price Performance

iShares Core 1-5 Year USD Bond ETF stock opened at $47.86 on Monday. The firm has a market cap of $4.25 billion, a PE ratio of 16.72 and a beta of 0.07. The stock’s fifty day moving average price is $47.84 and its two-hundred day moving average price is $48.05. iShares Core 1-5 Year USD Bond ETF has a one year low of $46.65 and a one year high of $48.75.

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. Investors of record on Wednesday, December 18th were given a $0.1587 dividend. This represents a $1.90 dividend on an annualized basis and a dividend yield of 3.98%. The ex-dividend date was Wednesday, December 18th.

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.