Pittenger & Anderson Inc. Buys 44,810 Shares of iShares Core 1-5 Year USD Bond ETF $ISTB

Pittenger & Anderson Inc. boosted its stake in shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 9.2% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 530,332 shares of the company’s stock after acquiring an additional 44,810 shares during the period. iShares Core 1-5 Year USD Bond ETF accounts for about 0.9% of Pittenger & Anderson Inc.’s portfolio, making the stock its 26th biggest position. Pittenger & Anderson Inc. owned about 0.56% of iShares Core 1-5 Year USD Bond ETF worth $25,901,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently modified their holdings of the company. Townsend & Associates Inc lifted its position in iShares Core 1-5 Year USD Bond ETF by 3.5% during the third quarter. Townsend & Associates Inc now owns 1,149,069 shares of the company’s stock worth $56,224,000 after purchasing an additional 38,543 shares during the period. Cahaba Wealth Management Inc. lifted its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 4.9% during the 3rd quarter. Cahaba Wealth Management Inc. now owns 997,635 shares of the company’s stock worth $48,724,000 after acquiring an additional 46,350 shares during the period. JPMorgan Chase & Co. boosted its position in shares of iShares Core 1-5 Year USD Bond ETF by 24.2% during the 2nd 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 in the last quarter. Prosperity Planning Inc. boosted its position in shares of iShares Core 1-5 Year USD Bond ETF by 5.8% during the 3rd quarter. Prosperity Planning Inc. now owns 904,807 shares of the company’s stock worth $44,191,000 after acquiring an additional 49,249 shares in the last quarter. Finally, Bank of America Corp DE increased its stake in iShares Core 1-5 Year USD Bond ETF by 9.1% in the second quarter. Bank of America Corp DE now owns 764,741 shares of the company’s stock valued at $37,205,000 after acquiring an additional 63,867 shares during the last quarter.

iShares Core 1-5 Year USD Bond ETF Price Performance

NASDAQ ISTB opened at $48.85 on Friday. iShares Core 1-5 Year USD Bond ETF has a fifty-two week low of $47.73 and a fifty-two week high of $48.99. The business has a fifty day moving average price of $48.78 and a two-hundred day moving average price of $48.75. The stock has a market capitalization of $4.71 billion, a PE ratio of 10.99 and a beta of 0.11.

iShares Core 1-5 Year USD Bond ETF Increases Dividend

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

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.