17,050 Shares in iShares Core 1-5 Year USD Bond ETF $ISTB Purchased by Park Avenue Securities LLC

Park Avenue Securities LLC bought a new position in shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 17,050 shares of the company’s stock, valued at approximately $806,000.

Several other hedge funds have also added to or reduced their stakes in the business. Apella Capital LLC increased its position in iShares Core 1-5 Year USD Bond ETF by 35.4% in the 3rd quarter. Apella Capital LLC now owns 1,469,742 shares of the company’s stock valued at $69,372,000 after acquiring an additional 384,056 shares during the period. Townsend & Associates Inc lifted its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 1.8% during the third quarter. Townsend & Associates Inc now owns 1,263,483 shares of the company’s stock worth $59,826,000 after purchasing an additional 22,852 shares during the period. Financial Solutions Advisory Group Inc. acquired a new position in shares of iShares Core 1-5 Year USD Bond ETF during the first quarter worth $57,365,000. Prosperity Planning Inc. lifted its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 6.0% during the third quarter. Prosperity Planning Inc. now owns 1,164,033 shares of the company’s stock worth $55,001,000 after purchasing an additional 65,781 shares during the period. Finally, Cahaba Wealth Management Inc. grew its stake in shares of iShares Core 1-5 Year USD Bond ETF by 6.0% in the first quarter. Cahaba Wealth Management Inc. now owns 1,128,804 shares of the company’s stock worth $54,702,000 after purchasing an additional 64,238 shares during the last quarter.

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

NASDAQ ISTB opened at $47.40 on Wednesday. The company has a market capitalization of $5.33 billion, a price-to-earnings ratio of 10.99 and a beta of 0.11. iShares Core 1-5 Year USD Bond ETF has a twelve month low of $47.01 and a twelve month high of $49.05. The stock has a fifty day simple moving average of $47.47 and a 200 day simple moving average of $48.14.

iShares Core 1-5 Year USD Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which will be paid on Thursday, November 5th. Shareholders of record on Monday, November 2nd will be issued a dividend of $0.1777 per share. This represents a $2.13 annualized dividend and a yield of 4.5%. The ex-dividend date of this dividend is Monday, November 2nd. This is a boost from iShares Core 1-5 Year USD Bond ETF’s previous monthly dividend of $0.1742.

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.