iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) Shares Sold by Smithfield Trust Co

Smithfield Trust Co reduced its holdings in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 15.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 54,327 shares of the company’s stock after selling 10,289 shares during the period. Smithfield Trust Co’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $2,644,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. ORG Partners LLC acquired a new stake in iShares Core 1-5 Year USD Bond ETF in the 2nd quarter worth about $30,000. Bogart Wealth LLC boosted its stake in shares of 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 worth $48,000 after acquiring an additional 287 shares during the last quarter. Larson Financial Group LLC boosted its stake in shares of iShares Core 1-5 Year USD Bond ETF by 386.5% in the second quarter. Larson Financial Group LLC now owns 1,012 shares of the company’s stock worth $48,000 after acquiring an additional 804 shares during the last quarter. Rothschild Investment LLC purchased a new stake in shares of iShares Core 1-5 Year USD Bond ETF during the second quarter worth approximately $57,000. Finally, Family Firm Inc. acquired a new position in iShares Core 1-5 Year USD Bond ETF in the 2nd quarter valued at $68,000.

iShares Core 1-5 Year USD Bond ETF Stock Performance

Shares of ISTB stock opened at $47.86 on Thursday. 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 firm has a market capitalization of $4.08 billion, a P/E ratio of 16.72 and a beta of 0.07. The stock’s fifty day moving average is $48.24 and its two-hundred day moving average is $47.87.

iShares Core 1-5 Year USD Bond ETF Increases Dividend

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

iShares Core 1-5 Year USD Bond ETF Company 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.