LJI Wealth Management LLC Reduces Stock Position in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB)

LJI Wealth Management LLC trimmed its holdings in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 6.9% in the second quarter, Holdings Channel reports. The institutional investor owned 70,716 shares of the company’s stock after selling 5,204 shares during the quarter. iShares Core 1-5 Year USD Bond ETF accounts for approximately 0.7% of LJI Wealth Management LLC’s investment portfolio, making the stock its 21st biggest holding. LJI Wealth Management LLC’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $3,350,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of ISTB. Vantage Financial Partners LLC increased its position in shares of iShares Core 1-5 Year USD Bond ETF by 3.5% during the fourth quarter. Vantage Financial Partners LLC now owns 99,946 shares of the company’s stock valued at $4,753,000 after buying an additional 3,401 shares during the period. BNP Paribas Financial Markets increased its holdings in iShares Core 1-5 Year USD Bond ETF by 7,411.5% during the 4th quarter. BNP Paribas Financial Markets now owns 16,300 shares of the company’s stock worth $775,000 after acquiring an additional 16,083 shares during the period. Prairieview Wealth Partners LLC bought a new stake in iShares Core 1-5 Year USD Bond ETF during the 4th quarter worth approximately $7,729,000. PNC Financial Services Group Inc. lifted its stake in iShares Core 1-5 Year USD Bond ETF by 7.3% in the 4th quarter. PNC Financial Services Group Inc. now owns 195,598 shares of the company’s stock worth $9,303,000 after purchasing an additional 13,236 shares in the last quarter. Finally, Sachetta LLC bought a new position in iShares Core 1-5 Year USD Bond ETF in the 4th quarter valued at $86,000.

iShares Core 1-5 Year USD Bond ETF Stock Performance

iShares Core 1-5 Year USD Bond ETF stock opened at $48.63 on Thursday. iShares Core 1-5 Year USD Bond ETF has a fifty-two week low of $45.37 and a fifty-two week high of $48.74. The stock has a market cap of $4.21 billion, a P/E ratio of 16.72 and a beta of 0.07. The firm’s fifty day moving average price is $48.15 and its 200-day moving average price is $47.55.

iShares Core 1-5 Year USD Bond ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Friday, September 6th. Investors of record on Tuesday, September 3rd were given a $0.1598 dividend. The ex-dividend date of this dividend was Tuesday, September 3rd.

iShares Core 1-5 Year USD Bond ETF Company 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.