iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) Shares Sold by Studio Investment Management LLC

Studio Investment Management LLC lessened its holdings in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 9.5% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 46,231 shares of the company’s stock after selling 4,837 shares during the period. Studio Investment Management LLC’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $2,251,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in ISTB. Bellwether Advisors LLC raised its position in iShares Core 1-5 Year USD Bond ETF by 1.2% in the third quarter. Bellwether Advisors LLC now owns 26,635 shares of the company’s stock valued at $1,297,000 after purchasing an additional 318 shares during the period. PNC Financial Services Group Inc. grew its stake in shares of iShares Core 1-5 Year USD Bond ETF by 4.6% in the third quarter. PNC Financial Services Group Inc. now owns 78,866 shares of the company’s stock valued at $3,839,000 after buying an additional 3,485 shares in the last quarter. Prospera Financial Services Inc grew its stake in shares of iShares Core 1-5 Year USD Bond ETF by 8.8% in the third quarter. Prospera Financial Services Inc now owns 63,320 shares of the company’s stock valued at $3,082,000 after buying an additional 5,106 shares in the last quarter. MidAtlantic Capital Management Inc. purchased a new stake in shares of iShares Core 1-5 Year USD Bond ETF during the 3rd quarter valued at about $266,000. Finally, Thrivent Financial for Lutherans lifted its position in iShares Core 1-5 Year USD Bond ETF by 6.5% during the 3rd quarter. Thrivent Financial for Lutherans now owns 232,104 shares of the company’s stock worth $11,299,000 after acquiring an additional 14,071 shares in the last quarter.

iShares Core 1-5 Year USD Bond ETF Stock Down 0.0 %

NASDAQ ISTB opened at $47.85 on Friday. The stock has a market cap of $4.08 billion, a PE ratio of 16.72 and a beta of 0.07. The business has a 50 day moving average price of $48.22 and a two-hundred day moving average price of $47.87. iShares Core 1-5 Year USD Bond ETF has a fifty-two week low of $46.59 and a fifty-two week high of $48.75.

iShares Core 1-5 Year USD Bond ETF Increases Dividend

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

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.