Harbour Investments Inc. Trims Holdings in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB)

Harbour Investments Inc. cut its stake in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 4.7% in the 4th quarter, Holdings Channel.com reports. The firm owned 29,408 shares of the company’s stock after selling 1,439 shares during the quarter. Harbour Investments Inc.’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $1,405,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in ISTB. Oppenheimer & Co. Inc. grew its position in shares of iShares Core 1-5 Year USD Bond ETF by 15.0% in the third quarter. Oppenheimer & Co. Inc. now owns 28,741 shares of the company’s stock valued at $1,399,000 after purchasing an additional 3,747 shares in the last quarter. Thrivent Financial for Lutherans grew its position in shares of iShares Core 1-5 Year USD Bond ETF by 6.5% in the third quarter. Thrivent Financial for Lutherans now owns 232,104 shares of the company’s stock valued at $11,299,000 after purchasing an additional 14,071 shares in the last quarter. Prospera Financial Services Inc grew its position in shares of iShares Core 1-5 Year USD Bond ETF by 8.8% in the third quarter. Prospera Financial Services Inc now owns 63,320 shares of the company’s stock valued at $3,082,000 after purchasing an additional 5,106 shares in the last quarter. PNC Financial Services Group Inc. grew its position in shares of iShares Core 1-5 Year USD Bond ETF by 4.6% in the third quarter. PNC Financial Services Group Inc. now owns 78,866 shares of the company’s stock valued at $3,839,000 after purchasing an additional 3,485 shares in the last quarter. Finally, Bellwether Advisors LLC boosted its stake in iShares Core 1-5 Year USD Bond ETF by 1.2% during the third quarter. Bellwether Advisors LLC now owns 26,635 shares of the company’s stock valued at $1,297,000 after buying an additional 318 shares during the period.

iShares Core 1-5 Year USD Bond ETF Stock Performance

NASDAQ:ISTB opened at $48.15 on Wednesday. The firm has a market capitalization of $4.28 billion, a price-to-earnings ratio of 10.95 and a beta of 0.07. iShares Core 1-5 Year USD Bond ETF has a 52-week low of $46.65 and a 52-week high of $48.75. The stock has a fifty day moving average of $47.98 and a 200 day moving average of $48.07.

iShares Core 1-5 Year USD Bond ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, March 6th. Investors of record on Monday, March 3rd were paid a dividend of $0.1568 per share. The ex-dividend date was Monday, March 3rd.

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.