Pittenger & Anderson Inc. Buys 37,459 Shares of iShares Core 1-5 Year USD Bond ETF $ISTB

Pittenger & Anderson Inc. lifted its stake in shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 7.1% during the fourth quarter, HoldingsChannel.com reports. The firm owned 567,791 shares of the company’s stock after purchasing an additional 37,459 shares during the quarter. iShares Core 1-5 Year USD Bond ETF makes up 1.1% of Pittenger & Anderson Inc.’s portfolio, making the stock its 25th largest position. Pittenger & Anderson Inc.’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $27,680,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. PFG Advisors acquired a new stake in iShares Core 1-5 Year USD Bond ETF in the 4th quarter valued at $819,000. Cahaba Wealth Management Inc. grew its stake in iShares Core 1-5 Year USD Bond ETF by 6.7% in the 4th quarter. Cahaba Wealth Management Inc. now owns 1,064,566 shares of the company’s stock valued at $51,898,000 after acquiring an additional 66,931 shares during the period. Courage Miller Partners LLC grew its stake in iShares Core 1-5 Year USD Bond ETF by 7.9% in the 3rd quarter. Courage Miller Partners LLC now owns 550,008 shares of the company’s stock valued at $26,861,000 after acquiring an additional 40,216 shares during the period. Abundance Wealth Counselors grew its stake in iShares Core 1-5 Year USD Bond ETF by 9.1% in the 3rd quarter. Abundance Wealth Counselors now owns 238,108 shares of the company’s stock valued at $11,629,000 after acquiring an additional 19,824 shares during the period. Finally, Apella Capital LLC grew its stake in iShares Core 1-5 Year USD Bond ETF by 15.1% in the 4th quarter. Apella Capital LLC now owns 814,422 shares of the company’s stock valued at $39,703,000 after acquiring an additional 106,752 shares during the period.

iShares Core 1-5 Year USD Bond ETF Stock Performance

iShares Core 1-5 Year USD Bond ETF stock opened at $48.29 on Friday. The company’s fifty day moving average price is $48.54 and its 200 day moving average price is $48.71. The stock has a market capitalization of $4.73 billion, a P/E ratio of 10.99 and a beta of 0.11. iShares Core 1-5 Year USD Bond ETF has a 1 year low of $48.06 and a 1 year high of $49.05.

iShares Core 1-5 Year USD Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, May 6th. Shareholders of record on Friday, May 1st will be issued a $0.1722 dividend. The ex-dividend date is Friday, May 1st. This represents a c) dividend on an annualized basis and a yield of 4.3%.

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.