Independence Financial Advisors LLC Sells 120,132 Shares of iShares Core 1-5 Year USD Bond ETF $ISTB

Independence Financial Advisors LLC reduced its holdings in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 44.2% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 151,705 shares of the company’s stock after selling 120,132 shares during the period. iShares Core 1-5 Year USD Bond ETF makes up about 2.3% of Independence Financial Advisors LLC’s investment portfolio, making the stock its 18th largest position. Independence Financial Advisors LLC’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $7,409,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Leavell Investment Management Inc. increased its position in shares of iShares Core 1-5 Year USD Bond ETF by 1.6% during the second quarter. Leavell Investment Management Inc. now owns 13,685 shares of the company’s stock valued at $666,000 after purchasing an additional 222 shares during the period. Sfmg LLC grew its holdings in iShares Core 1-5 Year USD Bond ETF by 4.7% during the 2nd quarter. Sfmg LLC now owns 5,210 shares of the company’s stock worth $253,000 after acquiring an additional 233 shares during the last quarter. Farther Finance Advisors LLC lifted its holdings in iShares Core 1-5 Year USD Bond ETF by 4.2% during the 3rd quarter. Farther Finance Advisors LLC now owns 6,629 shares of the company’s stock worth $324,000 after buying an additional 270 shares in the last quarter. Samalin Investment Counsel LLC lifted its stake in shares of iShares Core 1-5 Year USD Bond ETF by 0.5% during the second quarter. Samalin Investment Counsel LLC now owns 55,239 shares of the company’s stock valued at $2,687,000 after acquiring an additional 295 shares during the period. Finally, MKT Advisors LLC boosted its stake in shares of iShares Core 1-5 Year USD Bond ETF by 0.8% in the 3rd quarter. MKT Advisors LLC now owns 38,014 shares of the company’s stock valued at $1,854,000 after purchasing an additional 295 shares during the last quarter.

iShares Core 1-5 Year USD Bond ETF Stock Down 0.0%

NASDAQ:ISTB opened at $48.77 on Friday. The firm has a market capitalization of $4.71 billion, a P/E ratio of 10.99 and a beta of 0.11. The stock’s fifty day simple moving average is $48.77 and its 200-day simple moving average is $48.72. iShares Core 1-5 Year USD Bond ETF has a 12-month low of $47.57 and a 12-month high of $48.99.

iShares Core 1-5 Year USD Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, December 24th. Stockholders of record on Friday, December 19th were issued a $0.1699 dividend. This is a positive change from iShares Core 1-5 Year USD Bond ETF’s previous monthly dividend of $0.17. The ex-dividend date of this dividend was Friday, December 19th. This represents a c) annualized dividend and a dividend yield of 4.2%.

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.