City Holding Co. Raises Stake in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB)

City Holding Co. increased its holdings in shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 1.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 42,320 shares of the company’s stock after acquiring an additional 528 shares during the period. City Holding Co.’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $2,022,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Burkett Financial Services LLC increased its position in iShares Core 1-5 Year USD Bond ETF by 56.3% during the 4th 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. Bogart Wealth LLC grew its stake in shares of iShares Core 1-5 Year USD Bond ETF by 40.7% in the third quarter. Bogart Wealth LLC now owns 992 shares of the company’s stock worth $48,000 after acquiring an additional 287 shares during the last quarter. Security National Bank increased its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 31.0% during the third quarter. Security National Bank now owns 2,559 shares of the company’s stock valued at $125,000 after acquiring an additional 606 shares in the last quarter. Northwest Investment Counselors LLC purchased a new position in shares of iShares Core 1-5 Year USD Bond ETF in the 3rd quarter worth about $130,000. Finally, FMR LLC raised its position in shares of iShares Core 1-5 Year USD Bond ETF by 556.1% in the 3rd 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 last quarter.

iShares Core 1-5 Year USD Bond ETF Stock Performance

Shares of ISTB stock opened at $47.86 on Monday. The company has a market capitalization of $4.25 billion, a price-to-earnings ratio of 16.72 and a beta of 0.07. iShares Core 1-5 Year USD Bond ETF has a one year low of $46.65 and a one year high of $48.75. The company’s 50-day moving average is $47.84 and its 200 day moving average is $48.05.

iShares Core 1-5 Year USD Bond ETF Cuts Dividend

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

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.