Joseph Group Capital Management Sells 310 Shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB)

Joseph Group Capital Management reduced its position in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 0.7% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 43,040 shares of the company’s stock after selling 310 shares during the period. Joseph Group Capital Management owned 0.05% of iShares Core 1-5 Year USD Bond ETF worth $2,095,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the company. Koss Olinger Consulting LLC acquired a new position in iShares Core 1-5 Year USD Bond ETF during the 2nd quarter valued at about $22,076,000. Boyd Wealth Management LLC purchased a new stake in shares of iShares Core 1-5 Year USD Bond ETF during the third quarter worth about $7,841,000. Values First Advisors Inc. acquired a new position in shares of iShares Core 1-5 Year USD Bond ETF during the third quarter valued at about $7,611,000. Raymond James Financial Services Advisors Inc. raised its position in shares of iShares Core 1-5 Year USD Bond ETF by 34.7% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 590,319 shares of the company’s stock valued at $27,963,000 after purchasing an additional 152,038 shares during the last quarter. Finally, Jane Street Group LLC boosted its stake in iShares Core 1-5 Year USD Bond ETF by 29.0% in the 1st quarter. Jane Street Group LLC now owns 523,578 shares of the company’s stock worth $24,839,000 after purchasing an additional 117,604 shares in the last quarter.

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

NASDAQ:ISTB opened at $47.86 on Tuesday. The company’s 50 day moving average is $48.26 and its two-hundred day moving average is $47.87. The company has a market cap of $4.08 billion, a PE ratio of 16.72 and a beta of 0.07. iShares Core 1-5 Year USD Bond ETF has a twelve month low of $46.59 and a twelve month high of $48.75.

iShares Core 1-5 Year USD Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were given a $0.1594 dividend. This represents a $1.91 annualized dividend and a dividend yield of 4.00%. This is an increase from iShares Core 1-5 Year USD Bond ETF’s previous monthly dividend of $0.15. The ex-dividend date of this dividend was Friday, November 1st.

About iShares Core 1-5 Year USD Bond ETF

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.