iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) Shares Sold by Crestwood Advisors Group LLC

Crestwood Advisors Group LLC lessened its position in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 6.5% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 14,907 shares of the company’s stock after selling 1,043 shares during the period. Crestwood Advisors Group LLC’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $726,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Pittenger & Anderson Inc. lifted its stake in shares of iShares Core 1-5 Year USD Bond ETF by 9.6% during the 3rd quarter. Pittenger & Anderson Inc. now owns 392,713 shares of the company’s stock worth $19,117,000 after purchasing an additional 34,449 shares during the period. PDS Planning Inc lifted its position in iShares Core 1-5 Year USD Bond ETF by 1.0% during the third quarter. PDS Planning Inc now owns 43,293 shares of the company’s stock worth $2,107,000 after buying an additional 428 shares during the period. Lutz Financial Services LLC boosted its stake in iShares Core 1-5 Year USD Bond ETF by 9.8% in the 3rd quarter. Lutz Financial Services LLC now owns 90,492 shares of the company’s stock worth $4,405,000 after buying an additional 8,079 shares during the last quarter. Fonville Wealth Management LLC grew its holdings in iShares Core 1-5 Year USD Bond ETF by 2.3% in the 3rd quarter. Fonville Wealth Management LLC now owns 107,693 shares of the company’s stock valued at $5,243,000 after buying an additional 2,406 shares during the period. Finally, Principal Securities Inc. increased its stake in shares of iShares Core 1-5 Year USD Bond ETF by 11.5% during the 3rd quarter. Principal Securities Inc. now owns 78,812 shares of the company’s stock valued at $3,837,000 after acquiring an additional 8,152 shares during the last quarter.

iShares Core 1-5 Year USD Bond ETF Stock Performance

ISTB opened at $47.81 on Thursday. iShares Core 1-5 Year USD Bond ETF has a 1 year low of $46.35 and a 1 year high of $48.75. The company’s 50 day simple moving average is $48.35 and its 200 day simple moving average is $47.81. The stock has a market capitalization of $4.07 billion, a PE ratio of 16.72 and a beta of 0.07.

iShares Core 1-5 Year USD Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were paid a dividend of $0.1594 per share. The ex-dividend date was Friday, November 1st. This is a boost from iShares Core 1-5 Year USD Bond ETF’s previous monthly dividend of $0.15. This represents a $1.91 annualized dividend and a dividend yield of 4.00%.

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.