CGN Advisors LLC Increases Position in iShares Core 1-5 Year USD Bond ETF $ISTB

CGN Advisors LLC increased its position in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 8.3% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 179,421 shares of the company’s stock after buying an additional 13,785 shares during the period. CGN Advisors LLC’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $8,763,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Bartlett & CO. Wealth Management LLC purchased a new stake in shares of iShares Core 1-5 Year USD Bond ETF during the third quarter worth about $20,591,000. Royal Bank of Canada boosted its stake in iShares Core 1-5 Year USD Bond ETF by 40.2% in the 1st quarter. Royal Bank of Canada now owns 852,021 shares of the company’s stock worth $41,195,000 after purchasing an additional 244,395 shares during the period. Acorns Advisers LLC grew its holdings in iShares Core 1-5 Year USD Bond ETF by 1.8% during the 1st quarter. Acorns Advisers LLC now owns 10,922,893 shares of the company’s stock valued at $528,122,000 after buying an additional 194,526 shares in the last quarter. Ameriprise Financial Inc. lifted its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 60.0% in the second quarter. Ameriprise Financial Inc. now owns 513,291 shares of the company’s stock worth $24,979,000 after buying an additional 192,418 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its position in shares of iShares Core 1-5 Year USD Bond ETF by 24.2% during the second quarter. JPMorgan Chase & Co. now owns 930,891 shares of the company’s stock worth $45,288,000 after acquiring an additional 181,524 shares during the last quarter.

iShares Core 1-5 Year USD Bond ETF Stock Performance

Shares of NASDAQ ISTB opened at $48.68 on Friday. The company has a market cap of $4.62 billion, a P/E ratio of 10.99 and a beta of 0.11. iShares Core 1-5 Year USD Bond ETF has a 52-week low of $47.57 and a 52-week high of $48.99. The firm’s fifty day moving average is $48.82 and its two-hundred day moving average is $48.67.

iShares Core 1-5 Year USD Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which will be paid on Wednesday, December 24th. Stockholders of record on Friday, December 19th will be issued a $0.1699 dividend. This represents a c) annualized dividend and a dividend yield of 4.2%. This is a positive change from iShares Core 1-5 Year USD Bond ETF’s previous monthly dividend of $0.17. The ex-dividend date of this dividend is Friday, December 19th.

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.