Crestwood Advisors Group LLC Lowers Stock Holdings in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB)

Crestwood Advisors Group LLC lessened its stake in shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 6.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 14,907 shares of the company’s stock after selling 1,043 shares during the quarter. 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.

Several other hedge funds have also recently modified their holdings of the stock. Meeder Asset Management Inc. raised its holdings in iShares Core 1-5 Year USD Bond ETF by 5.6% during the first quarter. Meeder Asset Management Inc. now owns 112,202 shares of the company’s stock worth $5,323,000 after purchasing an additional 5,946 shares in the last quarter. Rothschild Investment LLC purchased a new position in shares of iShares Core 1-5 Year USD Bond ETF in the 2nd quarter valued at about $57,000. NewEdge Advisors LLC lifted its stake in shares of iShares Core 1-5 Year USD Bond ETF by 26.7% in the second quarter. NewEdge Advisors LLC now owns 28,857 shares of the company’s stock valued at $1,367,000 after purchasing an additional 6,090 shares during the period. Thrivent Financial for Lutherans boosted its holdings in iShares Core 1-5 Year USD Bond ETF by 8.3% during the second quarter. Thrivent Financial for Lutherans now owns 218,033 shares of the company’s stock worth $10,328,000 after buying an additional 16,622 shares in the last quarter. Finally, Founders Financial Securities LLC increased its holdings in iShares Core 1-5 Year USD Bond ETF by 4.9% in the second quarter. Founders Financial Securities LLC now owns 287,235 shares of the company’s stock valued at $13,606,000 after buying an additional 13,418 shares in the last quarter.

iShares Core 1-5 Year USD Bond ETF Stock Down 0.2 %

NASDAQ:ISTB opened at $47.81 on Thursday. iShares Core 1-5 Year USD Bond ETF has a 52-week low of $46.35 and a 52-week high of $48.75. The stock has a fifty day simple moving average of $48.35 and a 200-day simple moving average of $47.81. The company 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 firm also recently declared a monthly dividend, which was paid on Wednesday, November 6th. Stockholders of record on Friday, November 1st were given a $0.1594 dividend. The ex-dividend date of this dividend was Friday, November 1st. This is a positive change 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.