M Holdings Securities Inc. Acquires 13,120 Shares of iShares Core 1-5 Year USD Bond ETF $ISTB

M Holdings Securities Inc. acquired a new stake in shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) during the third quarter, Holdings Channel.com reports. The firm acquired 13,120 shares of the company’s stock, valued at approximately $620,000.

Several other hedge funds and other institutional investors have also made changes to their positions in ISTB. StoneX Group Inc. purchased a new stake in shares of iShares Core 1-5 Year USD Bond ETF in the third quarter valued at $225,000. Investment Management Corp VA ADV purchased a new position in shares of iShares Core 1-5 Year USD Bond ETF during the 3rd quarter worth about $1,311,000. Parallel Advisors LLC grew its holdings in iShares Core 1-5 Year USD Bond ETF by 957.9% during the 3rd quarter. Parallel Advisors LLC now owns 18,334 shares of the company’s stock valued at $866,000 after purchasing an additional 16,601 shares during the last quarter. W.G. Shaheen & Associates DBA Whitney & Co bought a new position in iShares Core 1-5 Year USD Bond ETF during the 3rd quarter valued at about $488,000. Finally, Providence First Trust Co grew its holdings in iShares Core 1-5 Year USD Bond ETF by 1.7% during the 3rd quarter. Providence First Trust Co now owns 132,838 shares of the company’s stock valued at $6,277,000 after purchasing an additional 2,250 shares during the last quarter.

iShares Core 1-5 Year USD Bond ETF Price Performance

iShares Core 1-5 Year USD Bond ETF stock opened at $47.36 on Wednesday. iShares Core 1-5 Year USD Bond ETF has a 1-year low of $47.01 and a 1-year high of $49.05. The firm has a market capitalization of $5.35 billion, a P/E ratio of 10.99 and a beta of 0.12. The company’s 50-day moving average is $47.41 and its 200 day moving average is $48.11.

iShares Core 1-5 Year USD Bond ETF Increases Dividend

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

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.