iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) Shares Sold by Colonial Trust Co SC

Colonial Trust Co SC reduced its holdings in shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 16.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 11,742 shares of the company’s stock after selling 2,390 shares during the period. Colonial Trust Co SC’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $561,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in ISTB. Golden State Wealth Management LLC acquired a new stake in shares of iShares Core 1-5 Year USD Bond ETF in the fourth quarter valued at $32,000. BNP Paribas Financial Markets purchased a new stake in iShares Core 1-5 Year USD Bond ETF during the 4th quarter worth about $46,000. Crews Bank & Trust acquired a new stake in iShares Core 1-5 Year USD Bond ETF in the 4th quarter valued at about $90,000. Smartleaf Asset Management LLC raised its position in iShares Core 1-5 Year USD Bond ETF by 136.9% in the 4th quarter. Smartleaf Asset Management LLC now owns 2,210 shares of the company’s stock valued at $106,000 after purchasing an additional 1,277 shares in the last quarter. Finally, Banque Transatlantique SA purchased a new position in shares of iShares Core 1-5 Year USD Bond ETF in the 4th quarter valued at about $112,000.

iShares Core 1-5 Year USD Bond ETF Stock Performance

ISTB stock opened at $48.29 on Thursday. iShares Core 1-5 Year USD Bond ETF has a fifty-two week low of $46.21 and a fifty-two week high of $48.75. The company’s 50 day moving average price is $48.22 and its 200 day moving average price is $48.01. The firm has a market capitalization of $4.51 billion, a price-to-earnings ratio of 10.99 and a beta of 0.11.

iShares Core 1-5 Year USD Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, May 6th. Stockholders of record on Thursday, May 1st were issued a $0.1638 dividend. The ex-dividend date of this dividend was Thursday, May 1st. This represents a $1.97 dividend on an annualized basis and a dividend yield of 4.07%.

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.