Envestnet Portfolio Solutions Inc. Boosts Holdings in iShares Core 1-5 Year USD Bond ETF $ISTB

Envestnet Portfolio Solutions Inc. boosted its position in shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 16.0% in the second quarter, HoldingsChannel reports. The fund owned 7,732 shares of the company’s stock after purchasing an additional 1,067 shares during the quarter. Envestnet Portfolio Solutions Inc.’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $376,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of ISTB. Cullen Frost Bankers Inc. lifted its position in iShares Core 1-5 Year USD Bond ETF by 762.5% during the first quarter. Cullen Frost Bankers Inc. now owns 690 shares of the company’s stock valued at $33,000 after acquiring an additional 610 shares during the last quarter. Woodside Wealth Management LLC purchased a new position in shares of iShares Core 1-5 Year USD Bond ETF in the first quarter worth $45,000. Golden State Wealth Management LLC raised its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 100.6% in the first quarter. Golden State Wealth Management LLC now owns 1,358 shares of the company’s stock worth $66,000 after buying an additional 681 shares during the last quarter. Rossby Financial LCC purchased a new position in shares of iShares Core 1-5 Year USD Bond ETF in the first quarter worth $67,000. Finally, Parallel Advisors LLC raised its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 3,024.7% in the second quarter. Parallel Advisors LLC now owns 2,656 shares of the company’s stock worth $129,000 after buying an additional 2,571 shares during the last quarter.

iShares Core 1-5 Year USD Bond ETF Stock Performance

NASDAQ ISTB opened at $48.96 on Thursday. The company has a fifty day simple moving average of $48.81 and a two-hundred day simple moving average of $48.49. The stock has a market cap of $4.60 billion, a P/E ratio of 10.99 and a beta of 0.07. iShares Core 1-5 Year USD Bond ETF has a 12-month low of $47.57 and a 12-month high of $48.99.

iShares Core 1-5 Year USD Bond ETF Cuts Dividend

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