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

Studio Investment Management LLC trimmed its holdings in shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 9.5% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 46,231 shares of the company’s stock after selling 4,837 shares during the period. Studio Investment Management LLC owned about 0.05% of iShares Core 1-5 Year USD Bond ETF worth $2,251,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of ISTB. ORG Partners LLC acquired a new position in shares of iShares Core 1-5 Year USD Bond ETF in the second quarter worth $30,000. Larson Financial Group LLC raised its stake in iShares Core 1-5 Year USD Bond ETF by 386.5% in the 2nd quarter. Larson Financial Group LLC now owns 1,012 shares of the company’s stock valued at $48,000 after purchasing an additional 804 shares during the last quarter. Bogart Wealth LLC lifted its holdings in iShares Core 1-5 Year USD Bond ETF by 40.7% in the 3rd quarter. Bogart Wealth LLC now owns 992 shares of the company’s stock valued at $48,000 after purchasing an additional 287 shares in the last quarter. Rothschild Investment LLC acquired a new stake in shares of iShares Core 1-5 Year USD Bond ETF during the 2nd quarter worth about $57,000. Finally, Family Firm Inc. purchased a new stake in shares of iShares Core 1-5 Year USD Bond ETF during the second quarter worth about $68,000.

iShares Core 1-5 Year USD Bond ETF Stock Performance

Shares of ISTB opened at $47.85 on Friday. iShares Core 1-5 Year USD Bond ETF has a 1 year low of $46.59 and a 1 year high of $48.75. The company’s 50 day simple moving average is $48.22 and its 200 day simple moving average is $47.87. The company has a market capitalization of $4.08 billion, a price-to-earnings 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. Shareholders of record on Friday, November 1st were paid a dividend of $0.1594 per share. This represents a $1.91 dividend on an annualized basis and a dividend yield of 4.00%. 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.

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.