Hohimer Wealth Management LLC Sells 866 Shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB)

Hohimer Wealth Management LLC lowered its stake in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 11.4% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 6,712 shares of the company’s stock after selling 866 shares during the period. Hohimer Wealth Management LLC’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $327,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Spinnaker Trust grew its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 3.8% during the third quarter. Spinnaker Trust now owns 1,294,406 shares of the company’s stock worth $63,012,000 after buying an additional 47,921 shares in the last quarter. Townsend & Associates Inc boosted its position in iShares Core 1-5 Year USD Bond ETF by 3.7% during the 3rd quarter. Townsend & Associates Inc now owns 1,005,279 shares of the company’s stock worth $48,334,000 after acquiring an additional 35,675 shares during the last quarter. Cahaba Wealth Management Inc. grew its stake in shares of iShares Core 1-5 Year USD Bond ETF by 4.5% during the 3rd quarter. Cahaba Wealth Management Inc. now owns 882,203 shares of the company’s stock worth $42,946,000 after acquiring an additional 38,141 shares in the last quarter. Prosperity Planning Inc. raised its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 1.1% in the third quarter. Prosperity Planning Inc. now owns 744,693 shares of the company’s stock valued at $36,252,000 after purchasing an additional 8,285 shares during the last quarter. Finally, MBL Wealth LLC lifted its position in shares of iShares Core 1-5 Year USD Bond ETF by 2.6% in the second quarter. MBL Wealth LLC now owns 678,022 shares of the company’s stock worth $32,118,000 after purchasing an additional 16,989 shares in the last quarter.

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

Shares of ISTB opened at $48.04 on Wednesday. iShares Core 1-5 Year USD Bond ETF has a 12 month low of $46.65 and a 12 month high of $48.75. The firm has a fifty day simple moving average of $48.06 and a 200 day simple moving average of $47.95. The stock has a market capitalization of $4.09 billion, a price-to-earnings ratio of 16.72 and a beta of 0.07.

iShares Core 1-5 Year USD Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, December 5th. Stockholders of record on Monday, December 2nd were issued a $0.1635 dividend. This is a boost from iShares Core 1-5 Year USD Bond ETF’s previous dividend of $0.16. The ex-dividend date of this dividend was Monday, December 2nd.

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.