Blue Trust Inc. Sells 1,308 Shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB)

Blue Trust Inc. cut its holdings in shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 5.1% during the 4th quarter, Holdings Channel reports. The firm owned 24,461 shares of the company’s stock after selling 1,308 shares during the period. Blue Trust Inc.’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $1,191,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Bogart Wealth LLC increased its stake in iShares Core 1-5 Year USD Bond ETF by 40.7% in the third quarter. Bogart Wealth LLC now owns 992 shares of the company’s stock valued at $48,000 after acquiring an additional 287 shares during the last quarter. Burkett Financial Services LLC boosted its position in iShares Core 1-5 Year USD Bond ETF by 56.3% in the fourth quarter. Burkett Financial Services LLC now owns 994 shares of the company’s stock valued at $47,000 after buying an additional 358 shares in the last quarter. Security National Bank boosted its position in iShares Core 1-5 Year USD Bond ETF by 31.0% in the third quarter. Security National Bank now owns 2,559 shares of the company’s stock valued at $125,000 after buying an additional 606 shares in the last quarter. Northwest Investment Counselors LLC acquired a new stake in iShares Core 1-5 Year USD Bond ETF in the third quarter valued at approximately $130,000. Finally, FMR LLC boosted its position in iShares Core 1-5 Year USD Bond ETF by 556.1% in the third quarter. FMR LLC now owns 2,841 shares of the company’s stock valued at $138,000 after buying an additional 2,408 shares in the last quarter.

iShares Core 1-5 Year USD Bond ETF Price Performance

Shares of iShares Core 1-5 Year USD Bond ETF stock opened at $48.03 on Wednesday. iShares Core 1-5 Year USD Bond ETF has a fifty-two week low of $46.65 and a fifty-two week high of $48.75. The firm has a market capitalization of $4.26 billion, a P/E ratio of 16.72 and a beta of 0.07. The company’s 50 day moving average price is $47.85 and its two-hundred day moving average price is $48.06.

iShares Core 1-5 Year USD Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Wednesday, December 18th were given a $0.1587 dividend. The ex-dividend date was Wednesday, December 18th. This represents a $1.90 dividend on an annualized basis and a yield of 3.97%.

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.