LVZ Inc. Has $399,000 Stake in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB)

LVZ Inc. lessened its holdings in shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 9.9% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 8,413 shares of the company’s stock after selling 926 shares during the quarter. LVZ Inc.’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $399,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the business. Cape Investment Advisory Inc. acquired a new stake in shares of iShares Core 1-5 Year USD Bond ETF in the 4th quarter valued at about $25,000. ORG Partners LLC acquired a new stake in iShares Core 1-5 Year USD Bond ETF in the 2nd quarter valued at $30,000. Pacifica Partners Inc. lifted its position in iShares Core 1-5 Year USD Bond ETF by 102.3% during the 1st quarter. Pacifica Partners Inc. now owns 1,038 shares of the company’s stock worth $49,000 after buying an additional 525 shares in the last quarter. Elevate Wealth Advisory Inc. acquired a new position in shares of iShares Core 1-5 Year USD Bond ETF during the 4th quarter worth about $60,000. Finally, Signaturefd LLC acquired a new stake in shares of iShares Core 1-5 Year USD Bond ETF in the fourth quarter valued at about $63,000.

iShares Core 1-5 Year USD Bond ETF Price Performance

ISTB stock traded up $0.15 during mid-day trading on Friday, reaching $48.37. The company had a trading volume of 258,677 shares, compared to its average volume of 410,827. The company has a market capitalization of $4.18 billion, a price-to-earnings ratio of 16.72 and a beta of 0.07. iShares Core 1-5 Year USD Bond ETF has a 52 week low of $45.37 and a 52 week high of $48.38. The stock has a 50 day simple moving average of $47.74 and a two-hundred day simple moving average of $47.40.

iShares Core 1-5 Year USD Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, August 6th. Investors of record on Thursday, August 1st were paid a $0.1549 dividend. The ex-dividend date was Thursday, August 1st. This is a boost from iShares Core 1-5 Year USD Bond ETF’s previous monthly dividend of $0.15. This represents a $1.86 annualized dividend and a dividend yield of 3.84%.

iShares Core 1-5 Year USD Bond ETF Company 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.