CGN Advisors LLC Sells 18,140 Shares of iShares Core 1-5 Year USD Bond ETF $ISTB

CGN Advisors LLC reduced its stake in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 12.8% during the second quarter, HoldingsChannel reports. The fund owned 123,897 shares of the company’s stock after selling 18,140 shares during the period. CGN Advisors LLC’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $5,978,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Acorns Advisers LLC boosted its stake in iShares Core 1-5 Year USD Bond ETF by 5.1% in the 4th quarter. Acorns Advisers LLC now owns 11,554,781 shares of the company’s stock worth $563,296,000 after purchasing an additional 562,194 shares in the last quarter. State of Wisconsin Investment Board raised its holdings in iShares Core 1-5 Year USD Bond ETF by 1.4% in the fourth quarter. State of Wisconsin Investment Board now owns 5,312,625 shares of the company’s stock worth $258,990,000 after buying an additional 71,400 shares during the last quarter. Raymond James Financial Inc. raised its holdings in iShares Core 1-5 Year USD Bond ETF by 5.2% in the fourth quarter. Raymond James Financial Inc. now owns 2,223,386 shares of the company’s stock worth $108,390,000 after buying an additional 110,022 shares during the last quarter. SHP Wealth Management purchased a new position in iShares Core 1-5 Year USD Bond ETF in the fourth quarter worth about $70,668,000. Finally, Spinnaker Trust lifted its stake in shares of iShares Core 1-5 Year USD Bond ETF by 2.9% in the fourth quarter. Spinnaker Trust now owns 1,384,279 shares of the company’s stock worth $67,484,000 after buying an additional 38,402 shares in the last quarter.

iShares Core 1-5 Year USD Bond ETF Stock Up 0.2%

NASDAQ:ISTB opened at $48.00 on Wednesday. The stock has a market cap of $5.11 billion, a price-to-earnings ratio of 10.99 and a beta of 0.11. The company’s 50 day moving average price is $48.11 and its 200-day moving average price is $48.40. iShares Core 1-5 Year USD Bond ETF has a 52 week low of $47.88 and a 52 week high of $49.05.

iShares Core 1-5 Year USD Bond ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Thursday, August 6th. Investors of record on Monday, August 3rd will be given a $0.1743 dividend. The ex-dividend date of this dividend is Monday, August 3rd. This represents a c) annualized dividend and a yield of 4.4%.

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.