International Assets Investment Management LLC Decreases Holdings in iShares Core 1-5 Year USD Bond ETF $ISTB

International Assets Investment Management LLC trimmed its position in shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 38.9% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 6,577 shares of the company’s stock after selling 4,187 shares during the period. International Assets Investment Management LLC’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $320,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Cullen Frost Bankers Inc. grew its holdings in iShares Core 1-5 Year USD Bond ETF by 762.5% during the 1st quarter. Cullen Frost Bankers Inc. now owns 690 shares of the company’s stock valued at $33,000 after purchasing an additional 610 shares during the last quarter. Woodside Wealth Management LLC bought a new position in iShares Core 1-5 Year USD Bond ETF during the 1st quarter valued at about $45,000. Golden State Wealth Management LLC grew its holdings in iShares Core 1-5 Year USD Bond ETF by 100.6% during the 1st quarter. Golden State Wealth Management LLC now owns 1,358 shares of the company’s stock valued at $66,000 after purchasing an additional 681 shares during the last quarter. Rossby Financial LCC bought a new position in iShares Core 1-5 Year USD Bond ETF in the 1st quarter worth about $67,000. Finally, Parallel Advisors LLC grew its stake in iShares Core 1-5 Year USD Bond ETF by 3,024.7% in the 2nd quarter. Parallel Advisors LLC now owns 2,656 shares of the company’s stock worth $129,000 after acquiring an additional 2,571 shares in the last quarter.

iShares Core 1-5 Year USD Bond ETF Price Performance

Shares of ISTB stock opened at $48.96 on Thursday. The company has a market capitalization of $4.60 billion, a P/E ratio of 10.99 and a beta of 0.07. The company’s 50-day simple moving average is $48.81 and its two-hundred day simple moving average is $48.49. iShares Core 1-5 Year USD Bond ETF has a one year low of $47.57 and a one year high of $48.99.

iShares Core 1-5 Year USD Bond ETF Cuts Dividend

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

iShares Core 1-5 Year USD Bond ETF Company 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.