Cerity Partners LLC Sells 10,115 Shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB)

Cerity Partners LLC lessened its stake in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 34.9% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 18,863 shares of the company’s stock after selling 10,115 shares during the period. Cerity Partners LLC’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $912,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in ISTB. Hunter Associates Investment Management LLC increased its holdings in iShares Core 1-5 Year USD Bond ETF by 7.2% during the 1st quarter. Hunter Associates Investment Management LLC now owns 364,796 shares of the company’s stock worth $17,617,000 after purchasing an additional 24,426 shares in the last quarter. Allworth Financial LP increased its holdings in iShares Core 1-5 Year USD Bond ETF by 1.2% during the 1st quarter. Allworth Financial LP now owns 68,131 shares of the company’s stock worth $3,294,000 after purchasing an additional 777 shares in the last quarter. Capital Insight Partners LLC increased its holdings in iShares Core 1-5 Year USD Bond ETF by 0.7% during the 1st quarter. Capital Insight Partners LLC now owns 320,726 shares of the company’s stock worth $15,507,000 after purchasing an additional 2,200 shares in the last quarter. Leavell Investment Management Inc. increased its holdings in iShares Core 1-5 Year USD Bond ETF by 2.3% during the 1st quarter. Leavell Investment Management Inc. now owns 13,463 shares of the company’s stock worth $651,000 after purchasing an additional 309 shares in the last quarter. Finally, Main Street Research LLC bought a new stake in iShares Core 1-5 Year USD Bond ETF during the 1st quarter worth approximately $835,000.

iShares Core 1-5 Year USD Bond ETF Stock Down 0.1%

ISTB stock opened at $48.50 on Thursday. The firm has a market cap of $4.42 billion, a PE ratio of 10.99 and a beta of 0.07. The business has a 50 day moving average of $48.34 and a 200-day moving average of $48.17. iShares Core 1-5 Year USD Bond ETF has a 12-month low of $47.57 and a 12-month high of $48.75.

iShares Core 1-5 Year USD Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, July 7th. Stockholders of record on Tuesday, July 1st were issued a dividend of $0.1681 per share. This represents a $2.02 dividend on an annualized basis and a dividend yield of 4.16%. 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.