B. Riley Wealth Advisors Inc. Sells 326 Shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB)

B. Riley Wealth Advisors Inc. trimmed its position in shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 6.7% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,521 shares of the company’s stock after selling 326 shares during the quarter. B. Riley Wealth Advisors Inc.’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $220,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of ISTB. Rothschild Investment LLC bought a new position in shares of iShares Core 1-5 Year USD Bond ETF in the second quarter valued at about $57,000. NewEdge Advisors LLC raised its stake in shares of iShares Core 1-5 Year USD Bond ETF by 26.7% in the second quarter. NewEdge Advisors LLC now owns 28,857 shares of the company’s stock worth $1,367,000 after acquiring an additional 6,090 shares during the last quarter. Thrivent Financial for Lutherans lifted its position in shares of iShares Core 1-5 Year USD Bond ETF by 8.3% during the second quarter. Thrivent Financial for Lutherans now owns 218,033 shares of the company’s stock worth $10,328,000 after purchasing an additional 16,622 shares in the last quarter. Founders Financial Securities LLC grew its stake in shares of iShares Core 1-5 Year USD Bond ETF by 4.9% during the second quarter. Founders Financial Securities LLC now owns 287,235 shares of the company’s stock valued at $13,606,000 after purchasing an additional 13,418 shares during the last quarter. Finally, Choreo LLC increased its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 51.2% in the second quarter. Choreo LLC now owns 10,669 shares of the company’s stock valued at $503,000 after purchasing an additional 3,611 shares in the last quarter.

iShares Core 1-5 Year USD Bond ETF Stock Performance

NASDAQ:ISTB opened at $47.65 on Friday. The company has a market cap of $4.06 billion, a price-to-earnings ratio of 16.72 and a beta of 0.07. The stock’s fifty day moving average price is $47.98 and its two-hundred day moving average price is $47.99. iShares Core 1-5 Year USD Bond ETF has a 52-week low of $46.65 and a 52-week high of $48.75.

iShares Core 1-5 Year USD Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, December 23rd. Investors of record on Wednesday, December 18th will be issued a $0.1587 dividend. This represents a $1.90 annualized dividend and a yield of 4.00%. The ex-dividend date of this dividend is Wednesday, December 18th.

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.