Geneos Wealth Management Inc. Sells 12,769 Shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB)

Geneos Wealth Management Inc. decreased its stake in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 2.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 490,163 shares of the company’s stock after selling 12,769 shares during the quarter. iShares Core 1-5 Year USD Bond ETF accounts for about 0.8% of Geneos Wealth Management Inc.’s portfolio, making the stock its 18th largest position. Geneos Wealth Management Inc.’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $23,415,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Janney Montgomery Scott LLC boosted its position in iShares Core 1-5 Year USD Bond ETF by 1.1% during the fourth quarter. Janney Montgomery Scott LLC now owns 18,723 shares of the company’s stock valued at $894,000 after purchasing an additional 210 shares during the last quarter. CWM LLC raised its position in iShares Core 1-5 Year USD Bond ETF by 1.4% during the third quarter. CWM LLC now owns 16,189 shares of the company’s stock worth $788,000 after acquiring an additional 226 shares in the last quarter. Rockefeller Capital Management L.P. lifted its stake in iShares Core 1-5 Year USD Bond ETF by 0.3% in the third quarter. Rockefeller Capital Management L.P. now owns 90,848 shares of the company’s stock valued at $4,422,000 after acquiring an additional 236 shares during the last quarter. FC Advisory LLC grew its position in shares of iShares Core 1-5 Year USD Bond ETF by 0.8% in the 4th quarter. FC Advisory LLC now owns 31,286 shares of the company’s stock valued at $1,495,000 after acquiring an additional 244 shares during the period. Finally, Bogart Wealth LLC increased its stake in shares of iShares Core 1-5 Year USD Bond ETF by 40.7% during the 3rd quarter. Bogart Wealth LLC now owns 992 shares of the company’s stock worth $48,000 after purchasing an additional 287 shares during the last quarter.

iShares Core 1-5 Year USD Bond ETF Stock Performance

Shares of NASDAQ:ISTB opened at $47.91 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 company has a market capitalization of $4.25 billion, a P/E ratio of 16.72 and a beta of 0.07. The company has a 50-day simple moving average of $47.84 and a 200 day simple moving average of $48.05.

iShares Core 1-5 Year USD Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, December 23rd. Stockholders of record on Wednesday, December 18th were paid a dividend of $0.1587 per share. The ex-dividend date of this dividend was Wednesday, December 18th. This represents a $1.90 annualized dividend and a dividend yield of 3.98%.

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.