iShares Core 1-5 Year USD Bond ETF $ISTB Shares Sold by Rooted Wealth Advisors Inc.

Rooted Wealth Advisors Inc. cut its stake in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 59.6% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 18,020 shares of the company’s stock after selling 26,575 shares during the quarter. Rooted Wealth Advisors Inc.’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $876,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. Spire Wealth Management raised its stake in iShares Core 1-5 Year USD Bond ETF by 37.5% in the 4th quarter. Spire Wealth Management now owns 800 shares of the company’s stock valued at $39,000 after purchasing an additional 218 shares during the last quarter. Rossby Financial LCC lifted its holdings in iShares Core 1-5 Year USD Bond ETF by 41.7% in the 4th quarter. Rossby Financial LCC now owns 986 shares of the company’s stock valued at $48,000 after purchasing an additional 290 shares in the last quarter. Strive Financial Group LLC acquired a new stake in iShares Core 1-5 Year USD Bond ETF during the 4th quarter worth $68,000. Dagco Inc. acquired a new stake in iShares Core 1-5 Year USD Bond ETF during the 4th quarter worth $97,000. Finally, Flagship Harbor Advisors LLC purchased a new stake in shares of iShares Core 1-5 Year USD Bond ETF during the fourth quarter worth $103,000.

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

Shares of NASDAQ ISTB opened at $48.30 on Friday. The firm has a 50-day simple moving average of $48.27 and a 200-day simple moving average of $48.54. The stock has a market capitalization of $4.73 billion, a price-to-earnings ratio of 10.99 and a beta of 0.11. iShares Core 1-5 Year USD Bond ETF has a 52 week low of $48.02 and a 52 week high of $49.05.

iShares Core 1-5 Year USD Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, June 4th. Investors of record on Monday, June 1st were paid a dividend of $0.172 per share. This represents a c) annualized dividend and a yield of 4.3%. The ex-dividend date of this dividend was Monday, June 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.