MBL Wealth LLC Sells 5,556 Shares of iShares Core 1-5 Year USD Bond ETF $ISTB

MBL Wealth LLC lessened its stake in shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 0.8% during the second quarter, Holdings Channel.com reports. The institutional investor owned 710,403 shares of the company’s stock after selling 5,556 shares during the period. iShares Core 1-5 Year USD Bond ETF accounts for about 3.3% of MBL Wealth LLC’s portfolio, making the stock its 6th largest position. MBL Wealth LLC’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $34,561,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in ISTB. NBC Securities Inc. lifted its stake in shares of iShares Core 1-5 Year USD Bond ETF by 75,900.0% during the 1st quarter. NBC Securities Inc. now owns 760 shares of the company’s stock worth $36,000 after purchasing an additional 759 shares during the period. Merit Financial Group LLC purchased a new position in iShares Core 1-5 Year USD Bond ETF in the first quarter valued at about $1,591,000. Pine Haven Investment Counsel Inc raised its position in iShares Core 1-5 Year USD Bond ETF by 9.1% in the first quarter. Pine Haven Investment Counsel Inc now owns 16,185 shares of the company’s stock valued at $783,000 after purchasing an additional 1,350 shares during the period. Dentgroup LLC raised its position in iShares Core 1-5 Year USD Bond ETF by 42.6% in the first quarter. Dentgroup LLC now owns 106,782 shares of the company’s stock valued at $5,163,000 after purchasing an additional 31,905 shares during the period. Finally, City Holding Co. raised its position in iShares Core 1-5 Year USD Bond ETF by 7.5% in the first quarter. City Holding Co. now owns 45,486 shares of the company’s stock valued at $2,199,000 after purchasing an additional 3,166 shares during the period.

iShares Core 1-5 Year USD Bond ETF Price Performance

Shares of iShares Core 1-5 Year USD Bond ETF stock opened at $48.75 on Friday. The business has a 50-day moving average of $48.73 and a 200-day moving average of $48.44. The company has a market capitalization of $4.50 billion, a PE ratio of 10.99 and a beta of 0.07. iShares Core 1-5 Year USD Bond ETF has a 1-year low of $47.57 and a 1-year high of $48.98.

iShares Core 1-5 Year USD Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which will be paid on Monday, October 6th. Stockholders of record on Wednesday, October 1st will be paid a dividend of $0.168 per share. The ex-dividend date is Wednesday, October 1st. This represents a c) annualized dividend and a dividend yield of 4.1%.

iShares Core 1-5 Year USD Bond ETF 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.