iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) is Boyd Wealth Management LLC’s 6th Largest Position

Boyd Wealth Management LLC increased its stake in shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 51.5% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 244,111 shares of the company’s stock after buying an additional 83,031 shares during the quarter. iShares Core 1-5 Year USD Bond ETF accounts for about 5.8% of Boyd Wealth Management LLC’s investment portfolio, making the stock its 6th biggest holding. Boyd Wealth Management LLC’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $11,661,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Burkett Financial Services LLC raised its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 56.3% during the fourth quarter. Burkett Financial Services LLC now owns 994 shares of the company’s stock worth $47,000 after purchasing an additional 358 shares during the last quarter. Bogart Wealth LLC lifted its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 40.7% in the 3rd quarter. Bogart Wealth LLC now owns 992 shares of the company’s stock valued at $48,000 after buying an additional 287 shares during the period. Crews Bank & Trust purchased a new stake in shares of iShares Core 1-5 Year USD Bond ETF in the fourth quarter worth about $90,000. Security National Bank raised its position in iShares Core 1-5 Year USD Bond ETF by 31.0% during the third quarter. Security National Bank now owns 2,559 shares of the company’s stock valued at $125,000 after acquiring an additional 606 shares in the last quarter. Finally, Northwest Investment Counselors LLC acquired a new position in iShares Core 1-5 Year USD Bond ETF in the third quarter valued at approximately $130,000.

iShares Core 1-5 Year USD Bond ETF Price Performance

Shares of NASDAQ ISTB opened at $48.04 on Friday. The stock has a market capitalization of $4.26 billion, a price-to-earnings ratio of 16.72 and a beta of 0.07. The firm’s 50 day simple moving average is $47.85 and its 200-day simple moving average is $48.06. iShares Core 1-5 Year USD Bond ETF has a 12 month low of $46.65 and a 12 month high of $48.75.

iShares Core 1-5 Year USD Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were issued a $0.1587 dividend. The ex-dividend date was Wednesday, December 18th. This represents a $1.90 dividend on an annualized basis and a yield of 3.96%.

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.