iShares Core 1-5 Year USD Bond ETF $ISTB Stock: Opal Wealth Advisors LLC Grows Position

Opal Wealth Advisors LLC grew its position in shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 7.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 445,565 shares of the company’s stock after purchasing an additional 30,636 shares during the period. iShares Core 1-5 Year USD Bond ETF comprises about 4.4% of Opal Wealth Advisors LLC’s holdings, making the stock its 6th largest holding. Opal Wealth Advisors LLC’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $21,053,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Turtle Creek Wealth Advisors LLC purchased a new position in shares of iShares Core 1-5 Year USD Bond ETF in the 1st quarter worth about $44,000. IFP Advisors Inc raised its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 154.2% during the 2nd quarter. IFP Advisors Inc now owns 1,253 shares of the company’s stock valued at $60,000 after buying an additional 760 shares in the last quarter. Banque Transatlantique SA raised its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 47.4% during the 4th quarter. Banque Transatlantique SA now owns 2,126 shares of the company’s stock valued at $104,000 after buying an additional 684 shares in the last quarter. Burkett Financial Services LLC raised its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 166.0% during the 2nd quarter. Burkett Financial Services LLC now owns 2,399 shares of the company’s stock valued at $116,000 after buying an additional 1,497 shares in the last quarter. Finally, Parallel Advisors LLC raised its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 35.6% during the 1st quarter. Parallel Advisors LLC now owns 3,603 shares of the company’s stock valued at $175,000 after buying an additional 945 shares in the last quarter.

iShares Core 1-5 Year USD Bond ETF Stock Performance

NASDAQ:ISTB traded up $0.03 during mid-day trading on Friday, reaching $47.35. The stock had a trading volume of 490,604 shares, compared to its average volume of 511,850. The firm has a 50 day moving average price of $47.61 and a two-hundred day moving average price of $48.01. The stock has a market capitalization of $5.27 billion, a P/E ratio of 10.99 and a beta of 0.11. iShares Core 1-5 Year USD Bond ETF has a one year low of $47.01 and a one year high of $49.05.

iShares Core 1-5 Year USD Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, September 4th. Shareholders of record on Tuesday, September 1st were given a dividend of $0.1772 per share. The ex-dividend date was Tuesday, September 1st. This is an increase from iShares Core 1-5 Year USD Bond ETF’s previous monthly dividend of $0.1743. This represents a $2.13 dividend on an annualized basis and a yield of 4.5%.

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.