LJI Wealth Management LLC Sells 1,329 Shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB)

LJI Wealth Management LLC reduced its holdings in shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 1.9% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 69,387 shares of the company’s stock after selling 1,329 shares during the quarter. iShares Core 1-5 Year USD Bond ETF makes up approximately 0.7% of LJI Wealth Management LLC’s holdings, making the stock its 21st biggest position. LJI Wealth Management LLC owned approximately 0.08% of iShares Core 1-5 Year USD Bond ETF worth $3,378,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. ORG Partners LLC bought a new position in shares of iShares Core 1-5 Year USD Bond ETF in the second quarter valued at $30,000. Larson Financial Group LLC lifted its holdings in iShares Core 1-5 Year USD Bond ETF by 386.5% during the 2nd quarter. Larson Financial Group LLC now owns 1,012 shares of the company’s stock valued at $48,000 after purchasing an additional 804 shares during the last quarter. Bogart Wealth LLC lifted its holdings in iShares Core 1-5 Year USD Bond ETF by 40.7% during the 3rd quarter. Bogart Wealth LLC now owns 992 shares of the company’s stock valued at $48,000 after purchasing an additional 287 shares during the last quarter. Rothschild Investment LLC acquired a new stake in iShares Core 1-5 Year USD Bond ETF during the 2nd quarter valued at $57,000. Finally, Family Firm Inc. acquired a new stake in iShares Core 1-5 Year USD Bond ETF during the 2nd quarter valued at $68,000.

iShares Core 1-5 Year USD Bond ETF Price Performance

iShares Core 1-5 Year USD Bond ETF stock traded up $0.03 during mid-day trading on Friday, hitting $47.82. 366,225 shares of the company’s stock traded hands, compared to its average volume of 392,352. The stock has a market cap of $4.07 billion, a price-to-earnings ratio of 16.72 and a beta of 0.07. The firm has a 50 day simple moving average of $48.28 and a two-hundred day simple moving average of $47.85. iShares Core 1-5 Year USD Bond ETF has a fifty-two week low of $46.59 and a fifty-two week high of $48.75.

iShares Core 1-5 Year USD Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were issued a dividend of $0.1594 per share. This represents a $1.91 dividend on an annualized basis and a dividend yield of 4.00%. This is a boost 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.

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.