Charter Oak Capital Management LLC Trims Position in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB)

Charter Oak Capital Management LLC lowered its position in shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 7.1% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 37,142 shares of the company’s stock after selling 2,822 shares during the quarter. Charter Oak Capital Management LLC’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $1,796,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Golden State Wealth Management LLC purchased a new stake in iShares Core 1-5 Year USD Bond ETF in the 4th quarter worth approximately $32,000. Ameriflex Group Inc. purchased a new stake in iShares Core 1-5 Year USD Bond ETF in the 4th quarter worth approximately $34,000. NBC Securities Inc. grew its stake in iShares Core 1-5 Year USD Bond ETF by 75,900.0% in the 1st quarter. NBC Securities Inc. now owns 760 shares of the company’s stock worth $36,000 after acquiring an additional 759 shares during the period. BNP Paribas Financial Markets purchased a new stake in iShares Core 1-5 Year USD Bond ETF in the 4th quarter worth approximately $46,000. Finally, Burkett Financial Services LLC grew its stake in iShares Core 1-5 Year USD Bond ETF by 115.4% in the 1st quarter. Burkett Financial Services LLC now owns 2,141 shares of the company’s stock worth $104,000 after acquiring an additional 1,147 shares during the period.

iShares Core 1-5 Year USD Bond ETF Stock Performance

ISTB stock opened at $48.10 on Friday. The stock has a market capitalization of $4.49 billion, a P/E ratio of 10.99 and a beta of 0.07. iShares Core 1-5 Year USD Bond ETF has a one year low of $47.14 and a one year high of $48.75. The company has a 50 day moving average price of $48.22 and a two-hundred day moving average price of $48.05.

iShares Core 1-5 Year USD Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, June 5th. Shareholders of record on Monday, June 2nd were paid a $0.1705 dividend. This is a boost from iShares Core 1-5 Year USD Bond ETF’s previous monthly dividend of $0.16. This represents a $2.05 annualized dividend and a yield of 4.25%. The ex-dividend date was Monday, June 2nd.

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.