Creative Planning Sells 19,834 Shares of iShares Core 1-5 Year USD Bond ETF $ISTB

Creative Planning reduced its stake in shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 8.5% during the second quarter, Holdings Channel reports. The firm owned 214,769 shares of the company’s stock after selling 19,834 shares during the quarter. Creative Planning’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $10,449,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Kestra Private Wealth Services LLC raised its stake in iShares Core 1-5 Year USD Bond ETF by 3.8% in the first quarter. Kestra Private Wealth Services LLC now owns 20,881 shares of the company’s stock worth $1,010,000 after buying an additional 757 shares in the last quarter. J.W. Cole Advisors Inc. grew its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 8.3% during the 1st quarter. J.W. Cole Advisors Inc. now owns 32,905 shares of the company’s stock worth $1,591,000 after acquiring an additional 2,517 shares during the period. Choreo LLC raised its position in shares of iShares Core 1-5 Year USD Bond ETF by 38.7% in the 1st quarter. Choreo LLC now owns 21,683 shares of the company’s stock worth $1,048,000 after acquiring an additional 6,055 shares in the last quarter. Avantax Advisory Services Inc. bought a new position in shares of iShares Core 1-5 Year USD Bond ETF in the 1st quarter worth approximately $563,000. Finally, Cetera Investment Advisers lifted its stake in shares of iShares Core 1-5 Year USD Bond ETF by 2.2% in the 1st quarter. Cetera Investment Advisers now owns 137,897 shares of the company’s stock valued at $6,667,000 after purchasing an additional 3,007 shares during the period.

iShares Core 1-5 Year USD Bond ETF Stock Up 0.1%

NASDAQ ISTB opened at $48.76 on Wednesday. iShares Core 1-5 Year USD Bond ETF has a twelve month low of $47.57 and a twelve month high of $48.99. The firm has a market capitalization of $4.63 billion, a PE ratio of 10.99 and a beta of 0.11. The stock’s 50 day moving average is $48.83 and its 200 day moving average is $48.58.

iShares Core 1-5 Year USD Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, November 6th. Stockholders of record on Monday, November 3rd were issued a dividend of $0.172 per share. This is a boost from iShares Core 1-5 Year USD Bond ETF’s previous monthly dividend of $0.17. The ex-dividend date was Monday, November 3rd. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%.

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.