198,686 Shares in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) Acquired by Bank of New York Mellon Corp

Bank of New York Mellon Corp bought a new position in shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 198,686 shares of the company’s stock, valued at approximately $9,491,000. Bank of New York Mellon Corp owned approximately 0.22% of iShares Core 1-5 Year USD Bond ETF at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in ISTB. Golden State Wealth Management LLC bought a new position in shares of iShares Core 1-5 Year USD Bond ETF in the fourth quarter valued at $32,000. Burkett Financial Services LLC increased its holdings 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. Crews Bank & Trust bought a new position in shares of iShares Core 1-5 Year USD Bond ETF in the fourth quarter valued at $90,000. FMR LLC increased its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 556.1% in the third quarter. FMR LLC now owns 2,841 shares of the company’s stock valued at $138,000 after buying an additional 2,408 shares in the last quarter. Finally, Bfsg LLC increased its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 15.4% in the fourth quarter. Bfsg LLC now owns 2,850 shares of the company’s stock valued at $136,000 after buying an additional 380 shares in the last quarter.

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

Shares of NASDAQ:ISTB opened at $48.11 on Friday. The company’s fifty day moving average is $47.96 and its two-hundred day moving average is $48.07. iShares Core 1-5 Year USD Bond ETF has a 12-month low of $46.65 and a 12-month high of $48.75. The company has a market cap of $4.28 billion, a P/E ratio of 10.95 and a beta of 0.07.

iShares Core 1-5 Year USD Bond ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd were issued 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.