Envestnet Asset Management Inc. Trims Stock Holdings in iShares Core 1-5 Year USD Bond ETF $ISTB

Envestnet Asset Management Inc. trimmed its holdings in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 0.6% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 571,138 shares of the company’s stock after selling 3,616 shares during the period. Envestnet Asset Management Inc. owned approximately 0.63% of iShares Core 1-5 Year USD Bond ETF worth $27,786,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also bought and sold shares of the business. Acorns Advisers LLC grew its stake in iShares Core 1-5 Year USD Bond ETF by 1.8% in the 1st quarter. Acorns Advisers LLC now owns 10,922,893 shares of the company’s stock valued at $528,122,000 after buying an additional 194,526 shares in the last quarter. Raymond James Financial Inc. grew its stake in iShares Core 1-5 Year USD Bond ETF by 5.1% in the 1st quarter. Raymond James Financial Inc. now owns 1,996,862 shares of the company’s stock valued at $96,548,000 after buying an additional 96,937 shares in the last quarter. Townsend & Associates Inc grew its stake in iShares Core 1-5 Year USD Bond ETF by 1.6% in the 2nd quarter. Townsend & Associates Inc now owns 1,110,526 shares of the company’s stock valued at $53,861,000 after buying an additional 17,378 shares in the last quarter. Cahaba Wealth Management Inc. grew its stake in iShares Core 1-5 Year USD Bond ETF by 4.4% in the 1st quarter. Cahaba Wealth Management Inc. now owns 965,759 shares of the company’s stock valued at $46,694,000 after buying an additional 40,380 shares in the last quarter. Finally, Prosperity Planning Inc. grew its stake in iShares Core 1-5 Year USD Bond ETF by 2.5% in the 2nd quarter. Prosperity Planning Inc. now owns 855,558 shares of the company’s stock valued at $41,623,000 after buying an additional 21,049 shares in the last quarter.

iShares Core 1-5 Year USD Bond ETF Price Performance

ISTB opened at $48.67 on Tuesday. The company has a fifty day moving average price of $48.84 and a 200-day moving average price of $48.55. The firm has a market capitalization of $4.62 billion, a P/E ratio of 10.99 and a beta of 0.11. iShares Core 1-5 Year USD Bond ETF has a one year low of $47.57 and a one year high of $48.99.

iShares Core 1-5 Year USD Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which will be paid on Thursday, November 6th. Stockholders of record on Monday, November 3rd will be given a dividend of $0.172 per share. This is an increase from iShares Core 1-5 Year USD Bond ETF’s previous monthly dividend of $0.17. The ex-dividend date is 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 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.