Smithfield Trust Co Reduces Stock Position in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB)

Smithfield Trust Co cut its holdings in shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 15.9% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 54,327 shares of the company’s stock after selling 10,289 shares during the quarter. Smithfield Trust Co owned 0.06% of iShares Core 1-5 Year USD Bond ETF worth $2,644,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Rothschild Investment LLC acquired a new position in iShares Core 1-5 Year USD Bond ETF during the second quarter valued at $57,000. NewEdge Advisors LLC lifted its holdings 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 buying an additional 6,090 shares during the period. Thrivent Financial for Lutherans boosted its stake in shares of iShares Core 1-5 Year USD Bond ETF by 8.3% in 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 during the last quarter. Founders Financial Securities LLC grew its holdings 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 worth $13,606,000 after acquiring an additional 13,418 shares during the period. Finally, Choreo LLC raised its position in iShares Core 1-5 Year USD Bond ETF by 51.2% during the second quarter. Choreo LLC now owns 10,669 shares of the company’s stock valued at $503,000 after acquiring an additional 3,611 shares in the last quarter.

iShares Core 1-5 Year USD Bond ETF Trading Down 0.1 %

iShares Core 1-5 Year USD Bond ETF stock opened at $47.86 on Thursday. The firm has a market cap of $4.08 billion, a PE ratio of 16.72 and a beta of 0.07. iShares Core 1-5 Year USD Bond ETF has a 12 month low of $46.59 and a 12 month high of $48.75. The stock’s 50 day simple moving average is $48.24 and its two-hundred day simple moving average is $47.87.

iShares Core 1-5 Year USD Bond ETF Increases Dividend

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

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.