Alexander Randolph Advisory Inc. Reduces Holdings in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB)

Alexander Randolph Advisory Inc. lessened its stake in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 6.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 205,068 shares of the company’s stock after selling 15,124 shares during the period. iShares Core 1-5 Year USD Bond ETF comprises 9.1% of Alexander Randolph Advisory Inc.’s portfolio, making the stock its 2nd biggest holding. Alexander Randolph Advisory Inc. owned approximately 0.23% of iShares Core 1-5 Year USD Bond ETF worth $9,796,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in the company. Spinnaker Trust raised its holdings in iShares Core 1-5 Year USD Bond ETF by 16.3% in the 4th quarter. Spinnaker Trust now owns 1,504,770 shares of the company’s stock valued at $71,883,000 after acquiring an additional 210,364 shares in the last quarter. Townsend & Associates Inc grew its stake in iShares Core 1-5 Year USD Bond ETF by 2.0% during the fourth quarter. Townsend & Associates Inc now owns 1,025,796 shares of the company’s stock worth $49,125,000 after buying an additional 20,517 shares during the last quarter. Prosperity Planning Inc. increased its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 6.4% during the fourth quarter. Prosperity Planning Inc. now owns 792,445 shares of the company’s stock worth $37,855,000 after buying an additional 47,752 shares in the last quarter. JPMorgan Chase & Co. raised its stake in shares of iShares Core 1-5 Year USD Bond ETF by 1.1% in the third quarter. JPMorgan Chase & Co. now owns 700,762 shares of the company’s stock valued at $34,113,000 after acquiring an additional 7,741 shares during the last quarter. Finally, Destination Wealth Management boosted its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 2.9% in the 3rd quarter. Destination Wealth Management now owns 534,405 shares of the company’s stock worth $26,015,000 after acquiring an additional 15,083 shares in the last quarter.

iShares Core 1-5 Year USD Bond ETF Price Performance

ISTB stock opened at $48.03 on Friday. The business has a fifty day moving average price of $47.82 and a 200 day moving average price of $48.07. 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. The stock has a market capitalization of $4.27 billion, a price-to-earnings ratio of 16.46 and a beta of 0.07.

iShares Core 1-5 Year USD Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, February 6th. Stockholders of record on Monday, February 3rd were paid a $0.1632 dividend. The ex-dividend date was Monday, February 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.