iShares Core 1-5 Year USD Bond ETF $ISTB Shares Sold by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. reduced its stake in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 6.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 534,640 shares of the company’s stock after selling 36,498 shares during the period. Envestnet Asset Management Inc. owned approximately 0.56% of iShares Core 1-5 Year USD Bond ETF worth $26,112,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Jones Financial Companies Lllp lifted its stake in shares of iShares Core 1-5 Year USD Bond ETF by 19.6% in the third quarter. Jones Financial Companies Lllp now owns 1,176,780 shares of the company’s stock worth $57,427,000 after acquiring an additional 193,124 shares in the last quarter. Townsend & Associates Inc boosted its holdings in iShares Core 1-5 Year USD Bond ETF by 3.5% in the third quarter. Townsend & Associates Inc now owns 1,149,069 shares of the company’s stock worth $56,224,000 after purchasing an additional 38,543 shares during the period. Cahaba Wealth Management Inc. grew its position in shares of iShares Core 1-5 Year USD Bond ETF by 4.9% during the 3rd quarter. Cahaba Wealth Management Inc. now owns 997,635 shares of the company’s stock valued at $48,724,000 after buying an additional 46,350 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 24.2% during the second quarter. JPMorgan Chase & Co. now owns 930,891 shares of the company’s stock valued at $45,288,000 after purchasing an additional 181,524 shares during the last quarter. Finally, Prosperity Planning Inc. increased its position in iShares Core 1-5 Year USD Bond ETF by 5.8% in the third quarter. Prosperity Planning Inc. now owns 904,807 shares of the company’s stock worth $44,191,000 after buying an additional 49,249 shares during the period.

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

Shares of NASDAQ:ISTB opened at $48.85 on Friday. The company’s 50-day moving average price is $48.77 and its 200 day moving average price is $48.77. The company has a market cap of $4.77 billion, a PE ratio of 10.99 and a beta of 0.11. iShares Core 1-5 Year USD Bond ETF has a fifty-two week low of $47.77 and a fifty-two week high of $48.99.

iShares Core 1-5 Year USD Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were paid a dividend of $0.1724 per share. This represents a c) annualized dividend and a yield of 4.2%. The ex-dividend date of this dividend was Monday, February 2nd. 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.