Envestnet Asset Management Inc. Lowers Position in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB)

Envestnet Asset Management Inc. trimmed its stake in shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 13.8% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 564,374 shares of the company’s stock after selling 90,541 shares during the period. Envestnet Asset Management Inc. owned 0.65% of iShares Core 1-5 Year USD Bond ETF worth $26,734,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. Cape Investment Advisory Inc. purchased a new stake in shares of iShares Core 1-5 Year USD Bond ETF in the fourth quarter worth about $25,000. ORG Partners LLC bought a new position in shares of iShares Core 1-5 Year USD Bond ETF during the 2nd quarter valued at approximately $30,000. Larson Financial Group LLC grew its holdings 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 valued at $48,000 after purchasing an additional 804 shares in the last quarter. Pacifica Partners Inc. increased its position in iShares Core 1-5 Year USD Bond ETF by 102.3% in the first quarter. Pacifica Partners Inc. now owns 1,038 shares of the company’s stock worth $49,000 after purchasing an additional 525 shares during the last quarter. Finally, Rothschild Investment LLC bought a new position in iShares Core 1-5 Year USD Bond ETF during the second quarter valued at $57,000.

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

iShares Core 1-5 Year USD Bond ETF stock opened at $48.71 on Friday. The company’s 50-day moving average price is $48.19 and its 200-day moving average price is $47.57. The company has a market cap of $4.21 billion, a PE ratio of 16.72 and a beta of 0.07. iShares Core 1-5 Year USD Bond ETF has a twelve month low of $45.37 and a twelve month high of $48.74.

iShares Core 1-5 Year USD Bond ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were given a dividend of $0.1598 per share. The ex-dividend date of this dividend was Tuesday, September 3rd.

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.