Blue Trust Inc. Cuts Position in iShares Core 1-5 Year USD Bond ETF $ISTB

Blue Trust Inc. lessened its holdings in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 31.3% during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 8,207 shares of the company’s stock after selling 3,734 shares during the period. Blue Trust Inc.’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $399,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Cullen Frost Bankers Inc. boosted its position in iShares Core 1-5 Year USD Bond ETF by 762.5% in the first quarter. Cullen Frost Bankers Inc. now owns 690 shares of the company’s stock worth $33,000 after purchasing an additional 610 shares during the last quarter. Woodside Wealth Management LLC purchased a new position in shares of iShares Core 1-5 Year USD Bond ETF in the 1st quarter worth about $45,000. Farther Finance Advisors LLC boosted its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 223.4% in the 1st quarter. Farther Finance Advisors LLC now owns 1,258 shares of the company’s stock worth $61,000 after buying an additional 869 shares during the last quarter. Golden State Wealth Management LLC boosted its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 100.6% in the 1st quarter. Golden State Wealth Management LLC now owns 1,358 shares of the company’s stock worth $66,000 after buying an additional 681 shares during the last quarter. Finally, Rossby Financial LCC purchased a new position in shares of iShares Core 1-5 Year USD Bond ETF in the 1st quarter worth about $67,000.

iShares Core 1-5 Year USD Bond ETF Stock Performance

Shares of NASDAQ:ISTB opened at $48.85 on Tuesday. The company has a market capitalization of $4.57 billion, a P/E ratio of 10.99 and a beta of 0.07. iShares Core 1-5 Year USD Bond ETF has a fifty-two week low of $47.57 and a fifty-two week high of $48.98. The company’s 50-day moving average is $48.76 and its 200 day moving average is $48.47.

iShares Core 1-5 Year USD Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, October 6th. Investors of record on Wednesday, October 1st were paid a $0.168 dividend. The ex-dividend date was Wednesday, October 1st. This represents a c) annualized dividend and a yield of 4.1%.

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.