Envestnet Portfolio Solutions Inc. Has $1.25 Million Position in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB)

Envestnet Portfolio Solutions Inc. grew its holdings in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 31.5% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 26,225 shares of the company’s stock after acquiring an additional 6,282 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $1,253,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Golden State Wealth Management LLC acquired a new position in iShares Core 1-5 Year USD Bond ETF in the fourth quarter worth about $32,000. Burkett Financial Services LLC lifted its position in shares of iShares Core 1-5 Year USD Bond ETF by 56.3% during the 4th quarter. Burkett Financial Services LLC now owns 994 shares of the company’s stock worth $47,000 after buying an additional 358 shares during the period. Crews Bank & Trust acquired a new stake in iShares Core 1-5 Year USD Bond ETF in the 4th quarter valued at $90,000. Smartleaf Asset Management LLC grew its position in iShares Core 1-5 Year USD Bond ETF by 136.9% in the fourth quarter. Smartleaf Asset Management LLC now owns 2,210 shares of the company’s stock valued at $106,000 after acquiring an additional 1,277 shares during the period. Finally, Bfsg LLC raised its stake in iShares Core 1-5 Year USD Bond ETF by 15.4% during the fourth quarter. Bfsg LLC now owns 2,850 shares of the company’s stock worth $136,000 after acquiring an additional 380 shares in the last quarter.

iShares Core 1-5 Year USD Bond ETF Stock Performance

Shares of NASDAQ ISTB opened at $48.26 on Friday. iShares Core 1-5 Year USD Bond ETF has a 52-week low of $46.65 and a 52-week high of $48.75. The business has a fifty day moving average of $48.01 and a two-hundred day moving average of $48.07. The stock has a market cap of $4.29 billion, a PE ratio of 10.95 and a beta of 0.07.

iShares Core 1-5 Year USD Bond ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd were given a $0.1568 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

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.