iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) Holdings Cut by Carl P. Sherr & Co. LLC

Carl P. Sherr & Co. LLC reduced its stake in shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 50.3% during the 4th quarter, HoldingsChannel reports. The fund owned 61,181 shares of the company’s stock after selling 61,968 shares during the period. iShares Core 1-5 Year USD Bond ETF accounts for 1.8% of Carl P. Sherr & Co. LLC’s holdings, making the stock its 12th biggest position. Carl P. Sherr & Co. LLC’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $2,910,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also modified their holdings of the company. Citigroup Inc. raised its holdings in iShares Core 1-5 Year USD Bond ETF by 85.5% during the first quarter. Citigroup Inc. now owns 549 shares of the company’s stock valued at $27,000 after buying an additional 253 shares in the last quarter. Nwam LLC lifted its holdings in iShares Core 1-5 Year USD Bond ETF by 1.0% in the 3rd quarter. Nwam LLC now owns 26,812 shares of the company’s stock worth $1,244,000 after purchasing an additional 277 shares during the last quarter. Schmidt P J Investment Management Inc. boosted its position in iShares Core 1-5 Year USD Bond ETF by 6.0% during the fourth quarter. Schmidt P J Investment Management Inc. now owns 5,292 shares of the company’s stock worth $252,000 after purchasing an additional 299 shares during the period. ORG Partners LLC grew its holdings in iShares Core 1-5 Year USD Bond ETF by 68.0% during the fourth quarter. ORG Partners LLC now owns 776 shares of the company’s stock valued at $37,000 after purchasing an additional 314 shares during the last quarter. Finally, Eqis Capital Management Inc. raised its position in shares of iShares Core 1-5 Year USD Bond ETF by 2.9% in the first quarter. Eqis Capital Management Inc. now owns 11,367 shares of the company’s stock valued at $551,000 after purchasing an additional 324 shares during the period.

iShares Core 1-5 Year USD Bond ETF Price Performance

Shares of NASDAQ ISTB traded up $0.05 during trading hours on Wednesday, hitting $46.89. 60,872 shares of the stock were exchanged, compared to its average volume of 517,288. iShares Core 1-5 Year USD Bond ETF has a one year low of $45.37 and a one year high of $48.32. The company’s 50 day moving average is $47.27 and its 200 day moving average is $47.06. The firm has a market capitalization of $4.05 billion, a P/E ratio of 16.75 and a beta of 0.07.

iShares Core 1-5 Year USD Bond ETF Announces Dividend

The company also recently declared a monthly dividend, which was paid on Friday, April 5th. Shareholders of record on Tuesday, April 2nd were issued a dividend of $0.1504 per share. This represents a $1.81 dividend on an annualized basis and a yield of 3.85%. The ex-dividend date of this dividend was Monday, April 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.