Arkansas Financial Group Inc. Sells 9,800 Shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB)

Arkansas Financial Group Inc. cut its position in shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 6.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 151,249 shares of the company’s stock after selling 9,800 shares during the quarter. iShares Core 1-5 Year USD Bond ETF comprises about 1.2% of Arkansas Financial Group Inc.’s holdings, making the stock its 22nd largest position. Arkansas Financial Group Inc.’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $7,225,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of ISTB. FMR LLC raised its position in shares of iShares Core 1-5 Year USD Bond ETF by 556.1% during the third quarter. FMR LLC now owns 2,841 shares of the company’s stock worth $138,000 after purchasing an additional 2,408 shares during the period. Stifel Financial Corp raised its holdings in iShares Core 1-5 Year USD Bond ETF by 23.0% during the third quarter. Stifel Financial Corp now owns 29,089 shares of the company’s stock worth $1,416,000 after buying an additional 5,435 shares during the last quarter. NewEdge Advisors LLC lifted its stake in shares of iShares Core 1-5 Year USD Bond ETF by 26.7% in the second quarter. NewEdge Advisors LLC now owns 28,857 shares of the company’s stock valued at $1,367,000 after buying an additional 6,090 shares in the last quarter. Thrivent Financial for Lutherans lifted its stake in shares of iShares Core 1-5 Year USD Bond ETF by 8.3% in the second quarter. Thrivent Financial for Lutherans now owns 218,033 shares of the company’s stock valued at $10,328,000 after buying an additional 16,622 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its position in shares of iShares Core 1-5 Year USD Bond ETF by 1.1% during the third quarter. JPMorgan Chase & Co. now owns 700,762 shares of the company’s stock worth $34,113,000 after acquiring an additional 7,741 shares in the last quarter.

iShares Core 1-5 Year USD Bond ETF Price Performance

Shares of iShares Core 1-5 Year USD Bond ETF stock opened at $47.87 on Friday. 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 business has a 50 day moving average price of $47.84 and a 200-day moving average price of $48.05. The company has a market cap of $4.25 billion, a PE ratio of 16.72 and a beta of 0.07.

iShares Core 1-5 Year USD Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Wednesday, December 18th were given a $0.1587 dividend. This represents a $1.90 dividend on an annualized basis and a yield of 3.98%. The ex-dividend date of this dividend was Wednesday, December 18th.

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.