CGN Advisors LLC Lowers Position in iShares Core 1-5 Year USD Bond ETF $ISTB

CGN Advisors LLC trimmed its position in shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTBFree Report) by 12.8% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 123,897 shares of the company’s stock after selling 18,140 shares during the quarter. CGN Advisors LLC owned approximately 0.12% of iShares Core 1-5 Year USD Bond ETF worth $5,978,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Burkett Financial Services LLC raised its position in shares of iShares Core 1-5 Year USD Bond ETF by 166.0% in the 2nd quarter. Burkett Financial Services LLC now owns 2,399 shares of the company’s stock worth $116,000 after acquiring an additional 1,497 shares in the last quarter. NewEdge Advisors LLC boosted its position in shares of iShares Core 1-5 Year USD Bond ETF by 45.1% during the first quarter. NewEdge Advisors LLC now owns 65,868 shares of the company’s stock valued at $3,192,000 after purchasing an additional 20,485 shares in the last quarter. Financial Solutions Advisory Group Inc. purchased a new stake in iShares Core 1-5 Year USD Bond ETF in the first quarter worth $57,365,000. TrueWealth Financial Partners purchased a new stake in iShares Core 1-5 Year USD Bond ETF in the first quarter worth $316,000. Finally, Rockbridge Investment Management LCC grew its stake in iShares Core 1-5 Year USD Bond ETF by 0.9% in the first quarter. Rockbridge Investment Management LCC now owns 35,375 shares of the company’s stock worth $1,714,000 after purchasing an additional 304 shares during the period.

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

ISTB opened at $48.00 on Wednesday. The company has a market cap of $5.11 billion, a price-to-earnings ratio of 10.99 and a beta of 0.11. The stock has a fifty day simple moving average of $48.11 and a two-hundred day simple moving average of $48.40. iShares Core 1-5 Year USD Bond ETF has a 12-month low of $47.88 and a 12-month high of $49.05.

iShares Core 1-5 Year USD Bond ETF Dividend Announcement

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

About iShares Core 1-5 Year USD Bond ETF

(Free Report)

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.

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Institutional Ownership by Quarter for iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB)

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