Ameriprise Financial Inc. Has $25.12 Million Stock Position in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB)

Ameriprise Financial Inc. lifted its holdings in shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 18.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 525,942 shares of the company’s stock after purchasing an additional 81,968 shares during the period. Ameriprise Financial Inc.’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $25,124,000 as of its most recent filing with the SEC.

Other hedge funds also recently modified their holdings of the company. Golden State Wealth Management LLC acquired a new position in shares of iShares Core 1-5 Year USD Bond ETF during the fourth quarter worth $32,000. Crews Bank & Trust acquired a new position in shares of iShares Core 1-5 Year USD Bond ETF during the fourth quarter worth $90,000. Smartleaf Asset Management LLC lifted its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 136.9% during the fourth quarter. Smartleaf Asset Management LLC now owns 2,210 shares of the company’s stock worth $106,000 after purchasing an additional 1,277 shares during the period. Bfsg LLC lifted its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 15.4% during the fourth quarter. Bfsg LLC now owns 2,850 shares of the company’s stock worth $136,000 after purchasing an additional 380 shares during the period. Finally, WBH Advisory Inc. acquired a new position in shares of iShares Core 1-5 Year USD Bond ETF during the fourth quarter worth $207,000.

iShares Core 1-5 Year USD Bond ETF Stock Performance

Shares of NASDAQ:ISTB opened at $48.06 on Thursday. The firm has a market cap of $4.49 billion, a PE ratio of 10.99 and a beta of 0.07. The firm’s fifty day moving average is $48.21 and its 200-day moving average is $48.01. iShares Core 1-5 Year USD Bond ETF has a 52 week low of $47.04 and a 52 week high of $48.75.

iShares Core 1-5 Year USD Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, May 6th. Investors of record on Thursday, May 1st were paid a dividend of $0.1638 per share. This represents a $1.97 dividend on an annualized basis and a yield of 4.09%. The ex-dividend date was Thursday, May 1st.

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.