iShares Core 1-5 Year USD Bond ETF $ISTB Stock: MBL Wealth LLC Increases Position

MBL Wealth LLC lifted its stake in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 5.8% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 925,403 shares of the company’s stock after purchasing an additional 50,587 shares during the period. iShares Core 1-5 Year USD Bond ETF makes up 2.6% of MBL Wealth LLC’s investment portfolio, making the stock its 7th largest holding. MBL Wealth LLC owned 0.83% of iShares Core 1-5 Year USD Bond ETF worth $43,725,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in ISTB. Apella Capital LLC lifted its position in shares of iShares Core 1-5 Year USD Bond ETF by 35.4% during 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. Financial Solutions Advisory Group Inc. acquired a new stake in shares of iShares Core 1-5 Year USD Bond ETF in the 1st quarter worth approximately $57,365,000. Prosperity Planning Inc. grew its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 6.0% in the 3rd quarter. Prosperity Planning Inc. now owns 1,164,033 shares of the company’s stock worth $55,001,000 after acquiring an additional 65,781 shares during the period. Cahaba Wealth Management Inc. increased its stake in iShares Core 1-5 Year USD Bond ETF by 6.0% in the 1st quarter. Cahaba Wealth Management Inc. now owns 1,128,804 shares of the company’s stock valued at $54,702,000 after purchasing an additional 64,238 shares in the last quarter. Finally, Bartlett & CO. Wealth Management LLC increased its stake in iShares Core 1-5 Year USD Bond ETF by 33.3% in the 1st quarter. Bartlett & CO. Wealth Management LLC now owns 741,304 shares of the company’s stock valued at $35,875,000 after purchasing an additional 185,134 shares in the last quarter.

iShares Core 1-5 Year USD Bond ETF Stock Performance

Shares of ISTB stock opened at $47.47 on Friday. The stock has a fifty day moving average price of $47.56 and a 200 day moving average price of $47.97. The stock has a market cap of $5.31 billion, a PE ratio of 10.99 and a beta of 0.11. iShares Core 1-5 Year USD Bond ETF has a 1 year low of $47.01 and a 1 year high of $49.05.

iShares Core 1-5 Year USD Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, September 4th. Stockholders of record on Tuesday, September 1st were given a $0.1772 dividend. 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 dividend yield of 4.5%. The ex-dividend date was Tuesday, September 1st.

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.