Arkansas Financial Group Inc. Sells 9,800 Shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB)

Arkansas Financial Group Inc. reduced its stake in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 6.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 151,249 shares of the company’s stock after selling 9,800 shares during the quarter. iShares Core 1-5 Year USD Bond ETF comprises 1.2% of Arkansas Financial Group Inc.’s holdings, making the stock its 22nd largest position. Arkansas Financial Group Inc. owned 0.17% of iShares Core 1-5 Year USD Bond ETF worth $7,225,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently bought and sold shares of ISTB. Bogart Wealth LLC raised its stake in 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 worth $48,000 after purchasing an additional 287 shares in the last quarter. Burkett Financial Services LLC raised its position in shares of iShares Core 1-5 Year USD Bond ETF by 56.3% in the fourth quarter. Burkett Financial Services LLC now owns 994 shares of the company’s stock valued at $47,000 after buying an additional 358 shares in the last quarter. Security National Bank boosted its stake in shares of iShares Core 1-5 Year USD Bond ETF by 31.0% in the third quarter. Security National Bank now owns 2,559 shares of the company’s stock valued at $125,000 after buying an additional 606 shares during the period. Northwest Investment Counselors LLC bought a new stake in shares of iShares Core 1-5 Year USD Bond ETF in the third quarter valued at approximately $130,000. Finally, FMR LLC increased its stake in iShares Core 1-5 Year USD Bond ETF by 556.1% during the 3rd quarter. FMR LLC now owns 2,841 shares of the company’s stock worth $138,000 after acquiring an additional 2,408 shares during the period.

iShares Core 1-5 Year USD Bond ETF Price Performance

Shares of NASDAQ ISTB opened at $47.87 on Friday. The business has a fifty day moving average price of $47.84 and a two-hundred day moving average price of $48.05. The stock has a market capitalization of $4.25 billion, a PE ratio of 16.72 and a beta of 0.07. iShares Core 1-5 Year USD Bond ETF has a fifty-two week low of $46.65 and a fifty-two week 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. Investors of record on Wednesday, December 18th were given 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 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.