Northwestern Mutual Wealth Management Co. Cuts Stock Position in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB)

Northwestern Mutual Wealth Management Co. lowered its stake in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 24.6% during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 12,188 shares of the company’s stock after selling 3,969 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $577,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Oak Harbor Wealth Partners LLC grew its stake in shares of iShares Core 1-5 Year USD Bond ETF by 3.4% in the 2nd quarter. Oak Harbor Wealth Partners LLC now owns 6,599 shares of the company’s stock worth $313,000 after buying an additional 220 shares during the last quarter. Quad Cities Investment Group LLC boosted its stake in iShares Core 1-5 Year USD Bond ETF by 1.6% during the 1st quarter. Quad Cities Investment Group LLC now owns 16,460 shares of the company’s stock valued at $781,000 after purchasing an additional 263 shares during the last quarter. Horizon Family Wealth Inc. boosted its stake in iShares Core 1-5 Year USD Bond ETF by 0.9% during the 2nd quarter. Horizon Family Wealth Inc. now owns 32,725 shares of the company’s stock valued at $1,550,000 after purchasing an additional 307 shares during the last quarter. Hudson Capital Management LLC boosted its stake in iShares Core 1-5 Year USD Bond ETF by 4.5% during the 1st quarter. Hudson Capital Management LLC now owns 7,256 shares of the company’s stock valued at $344,000 after purchasing an additional 312 shares during the last quarter. Finally, Maltin Wealth Management Inc. boosted its stake in iShares Core 1-5 Year USD Bond ETF by 1.7% during the 1st quarter. Maltin Wealth Management Inc. now owns 19,215 shares of the company’s stock valued at $912,000 after purchasing an additional 314 shares during the last quarter.

iShares Core 1-5 Year USD Bond ETF Trading Down 0.1 %

Shares of ISTB opened at $48.18 on Tuesday. The business’s fifty day simple moving average is $48.37 and its two-hundred day simple moving average is $47.66. iShares Core 1-5 Year USD Bond ETF has a 12 month low of $45.37 and a 12 month high of $48.75. The company has a market cap of $4.07 billion, a price-to-earnings ratio of 16.72 and a beta of 0.07.

iShares Core 1-5 Year USD Bond ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were paid a dividend of $0.1598 per share. The ex-dividend date of this dividend was Tuesday, September 3rd.

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.