iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) Shares Sold by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. cut its holdings in shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 3.8% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 574,754 shares of the company’s stock after selling 22,886 shares during the period. Envestnet Asset Management Inc. owned approximately 0.62% of iShares Core 1-5 Year USD Bond ETF worth $27,789,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Ameriflex Group Inc. acquired a new position in shares of iShares Core 1-5 Year USD Bond ETF during the 4th quarter worth approximately $34,000. NBC Securities Inc. raised its position in shares of iShares Core 1-5 Year USD Bond ETF by 75,900.0% during the 1st quarter. NBC Securities Inc. now owns 760 shares of the company’s stock valued at $36,000 after buying an additional 759 shares during the period. BNP Paribas Financial Markets purchased a new stake in shares of iShares Core 1-5 Year USD Bond ETF during the 4th quarter valued at approximately $46,000. Farther Finance Advisors LLC raised its position in shares of iShares Core 1-5 Year USD Bond ETF by 223.4% during the 1st quarter. Farther Finance Advisors LLC now owns 1,258 shares of the company’s stock valued at $61,000 after buying an additional 869 shares during the period. Finally, Golden State Wealth Management LLC raised its position in shares of iShares Core 1-5 Year USD Bond ETF by 100.6% during the 1st quarter. Golden State Wealth Management LLC now owns 1,358 shares of the company’s stock valued at $66,000 after buying an additional 681 shares during the period.

iShares Core 1-5 Year USD Bond ETF Stock Performance

ISTB stock opened at $48.37 on Tuesday. The firm has a market cap of $4.41 billion, a PE ratio of 10.99 and a beta of 0.07. The firm’s 50 day moving average price is $48.30 and its 200-day moving average price is $48.14. iShares Core 1-5 Year USD Bond ETF has a one year low of $47.57 and a one year high of $48.75.

iShares Core 1-5 Year USD Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Monday, July 7th. Shareholders of record on Tuesday, July 1st were given a $0.1681 dividend. This represents a $2.02 dividend on an annualized basis and a yield of 4.17%. The ex-dividend date of this dividend was Tuesday, July 1st.

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.