iShares Core 1-5 Year USD Bond ETF $ISTB Shares Sold by Joseph Group Capital Management

Joseph Group Capital Management trimmed its position in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 12.4% during the second quarter, Holdings Channel.com reports. The firm owned 43,232 shares of the company’s stock after selling 6,144 shares during the period. Joseph Group Capital Management’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $2,103,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Cullen Frost Bankers Inc. raised its stake in iShares Core 1-5 Year USD Bond ETF by 762.5% in the first quarter. Cullen Frost Bankers Inc. now owns 690 shares of the company’s stock valued at $33,000 after buying an additional 610 shares in the last quarter. Woodside Wealth Management LLC purchased a new position in shares of iShares Core 1-5 Year USD Bond ETF in the 1st quarter valued at about $45,000. Assetmark Inc. raised its position in shares of iShares Core 1-5 Year USD Bond ETF by 1,394.0% during the 2nd quarter. Assetmark Inc. now owns 1,748 shares of the company’s stock worth $85,000 after acquiring an additional 1,631 shares in the last quarter. Parallel Advisors LLC lifted its stake in iShares Core 1-5 Year USD Bond ETF by 3,024.7% during the second quarter. Parallel Advisors LLC now owns 2,656 shares of the company’s stock worth $129,000 after purchasing an additional 2,571 shares during the last quarter. Finally, Rice Partnership LLC purchased a new stake in iShares Core 1-5 Year USD Bond ETF during the second quarter worth approximately $185,000.

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

Shares of iShares Core 1-5 Year USD Bond ETF stock opened at $48.75 on Monday. The firm has a market capitalization of $4.63 billion, a P/E ratio of 10.99 and a beta of 0.11. iShares Core 1-5 Year USD Bond ETF has a 52 week low of $47.57 and a 52 week high of $48.99. The firm’s 50 day moving average is $48.83 and its two-hundred day moving average is $48.56.

iShares Core 1-5 Year USD Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, November 6th. Investors of record on Monday, November 3rd were given a $0.172 dividend. This is a positive change from iShares Core 1-5 Year USD Bond ETF’s previous monthly dividend of $0.17. The ex-dividend date of this dividend was Monday, November 3rd. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%.

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.