iShares Core 1-5 Year USD Bond ETF $ISTB Shares Purchased by LJI Wealth Management LLC

LJI Wealth Management LLC boosted its position in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 6.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,273,492 shares of the company’s stock after buying an additional 74,798 shares during the quarter. iShares Core 1-5 Year USD Bond ETF makes up approximately 8.5% of LJI Wealth Management LLC’s portfolio, making the stock its 3rd biggest position. LJI Wealth Management LLC owned about 1.13% of iShares Core 1-5 Year USD Bond ETF worth $60,173,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Financial Solutions Advisory Group Inc. purchased a new position in shares of iShares Core 1-5 Year USD Bond ETF in the first quarter worth $57,365,000. Courage Miller Partners LLC bought a new position in iShares Core 1-5 Year USD Bond ETF in the third quarter worth $28,692,000. Apella Capital LLC increased its stake in shares of 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 worth $69,372,000 after acquiring an additional 384,056 shares in the last quarter. Wealth Management Resources Inc. bought a new stake in iShares Core 1-5 Year USD Bond ETF in the third quarter worth $17,559,000. Finally, IRON Financial LLC bought a new stake in iShares Core 1-5 Year USD Bond ETF during the 3rd quarter valued at about $14,579,000.

iShares Core 1-5 Year USD Bond ETF Stock Performance

NASDAQ ISTB opened at $47.61 on Friday. The stock has a 50-day moving average of $47.50 and a 200 day moving average of $48.16. iShares Core 1-5 Year USD Bond ETF has a one year low of $47.01 and a one year high of $49.05. The company has a market capitalization of $5.36 billion, a price-to-earnings ratio of 10.99 and a beta of 0.11.

iShares Core 1-5 Year USD Bond ETF Increases Dividend

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

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.