iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) Shares Sold by Joseph Group Capital Management

Joseph Group Capital Management cut its holdings in shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 0.7% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 43,040 shares of the company’s stock after selling 310 shares during the period. Joseph Group Capital Management’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $2,095,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in the business. Rothschild Investment LLC purchased a new stake in shares of iShares Core 1-5 Year USD Bond ETF in the second quarter worth about $57,000. NewEdge Advisors LLC lifted its stake in shares of iShares Core 1-5 Year USD Bond ETF by 26.7% in the 2nd quarter. NewEdge Advisors LLC now owns 28,857 shares of the company’s stock valued at $1,367,000 after purchasing an additional 6,090 shares during the period. Thrivent Financial for Lutherans boosted its holdings in iShares Core 1-5 Year USD Bond ETF by 8.3% during the second quarter. Thrivent Financial for Lutherans now owns 218,033 shares of the company’s stock worth $10,328,000 after buying an additional 16,622 shares in the last quarter. Founders Financial Securities LLC grew its position in iShares Core 1-5 Year USD Bond ETF by 4.9% during the second quarter. Founders Financial Securities LLC now owns 287,235 shares of the company’s stock valued at $13,606,000 after buying an additional 13,418 shares during the period. Finally, Choreo LLC increased its holdings in iShares Core 1-5 Year USD Bond ETF by 51.2% in the second quarter. Choreo LLC now owns 10,669 shares of the company’s stock valued at $503,000 after buying an additional 3,611 shares in the last quarter.

iShares Core 1-5 Year USD Bond ETF Stock Performance

Shares of iShares Core 1-5 Year USD Bond ETF stock opened at $47.86 on Tuesday. The firm has a 50-day simple moving average of $48.26 and a two-hundred day simple moving average of $47.87. iShares Core 1-5 Year USD Bond ETF has a fifty-two week low of $46.59 and a fifty-two week high of $48.75. The company has a market cap of $4.08 billion, a P/E ratio of 16.72 and a beta of 0.07.

iShares Core 1-5 Year USD Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were given a dividend of $0.1594 per share. The ex-dividend date was Friday, November 1st. This represents a $1.91 dividend on an annualized basis and a yield of 4.00%. This is an increase from iShares Core 1-5 Year USD Bond ETF’s previous monthly dividend of $0.15.

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.