B. Riley Wealth Advisors Inc. Cuts Stock Holdings in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB)

B. Riley Wealth Advisors Inc. reduced its position in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 69.3% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 4,847 shares of the company’s stock after selling 10,931 shares during the period. B. Riley Wealth Advisors Inc.’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $230,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. ORG Partners LLC bought a new stake in shares of iShares Core 1-5 Year USD Bond ETF in the second quarter worth approximately $30,000. Larson Financial Group LLC grew its position in iShares Core 1-5 Year USD Bond ETF by 386.5% in the 2nd quarter. Larson Financial Group LLC now owns 1,012 shares of the company’s stock worth $48,000 after purchasing an additional 804 shares during the period. Pacifica Partners Inc. raised its stake in iShares Core 1-5 Year USD Bond ETF by 102.3% during the 1st quarter. Pacifica Partners Inc. now owns 1,038 shares of the company’s stock valued at $49,000 after buying an additional 525 shares during the last quarter. Rothschild Investment LLC bought a new position in shares of iShares Core 1-5 Year USD Bond ETF during the 2nd quarter valued at $57,000. Finally, Family Firm Inc. purchased a new position in shares of iShares Core 1-5 Year USD Bond ETF in the 2nd quarter worth $68,000.

iShares Core 1-5 Year USD Bond ETF Price Performance

Shares of ISTB opened at $48.15 on Thursday. The firm has a market capitalization of $4.06 billion, a P/E ratio of 16.72 and a beta of 0.07. iShares Core 1-5 Year USD Bond ETF has a one year low of $45.37 and a one year high of $48.75. The business has a fifty day moving average of $48.38 and a 200 day moving average of $47.67.

iShares Core 1-5 Year USD Bond ETF Dividend Announcement

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