iShares Core 1-5 Year USD Bond ETF $ISTB Shares Sold by Washington Trust Bank

Washington Trust Bank decreased its position in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 32.7% in the third quarter, Holdings Channel reports. The institutional investor owned 29,404 shares of the company’s stock after selling 14,280 shares during the period. Washington Trust Bank’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $1,436,000 as of its most recent filing with the SEC.

Several other hedge funds have also modified their holdings of ISTB. CoreCap Advisors LLC grew its position in shares of iShares Core 1-5 Year USD Bond ETF by 174.1% during the 3rd quarter. CoreCap Advisors LLC now owns 721 shares of the company’s stock valued at $35,000 after acquiring an additional 458 shares during the period. Twin Peaks Wealth Advisors LLC acquired a new position in iShares Core 1-5 Year USD Bond ETF in the 2nd quarter worth about $37,000. Assetmark Inc. boosted its position in iShares Core 1-5 Year USD Bond ETF by 1,394.0% during the second quarter. Assetmark Inc. now owns 1,748 shares of the company’s stock worth $85,000 after purchasing an additional 1,631 shares in the last quarter. Parallel Advisors LLC grew its holdings in iShares Core 1-5 Year USD Bond ETF by 3,024.7% in the second quarter. Parallel Advisors LLC now owns 2,656 shares of the company’s stock valued at $129,000 after purchasing an additional 2,571 shares during the period. Finally, Rice Partnership LLC purchased a new stake in iShares Core 1-5 Year USD Bond ETF in the 2nd quarter worth $185,000.

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

ISTB stock opened at $48.77 on Friday. 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 has a 50-day simple moving average of $48.77 and a 200-day simple moving average of $48.72. The stock has a market capitalization of $4.71 billion, a P/E ratio of 10.99 and a beta of 0.11.

iShares Core 1-5 Year USD Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, December 24th. Shareholders of record on Friday, December 19th were issued a $0.1699 dividend. This represents a c) dividend on an annualized basis and a yield of 4.2%. The ex-dividend date was Friday, December 19th. This is an increase from iShares Core 1-5 Year USD Bond ETF’s previous monthly dividend of $0.17.

About iShares Core 1-5 Year USD Bond ETF

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.