Stone Summit Wealth LLC Buys 10,585 Shares of iShares Core 1-5 Year USD Bond ETF $ISTB

Stone Summit Wealth LLC raised its stake in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 65.3% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 26,785 shares of the company’s stock after buying an additional 10,585 shares during the period. Stone Summit Wealth LLC’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $1,266,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of ISTB. Turtle Creek Wealth Advisors LLC acquired a new position in shares of iShares Core 1-5 Year USD Bond ETF during the first quarter worth $44,000. IFP Advisors Inc lifted its stake in shares of iShares Core 1-5 Year USD Bond ETF by 154.2% in the 2nd quarter. IFP Advisors Inc now owns 1,253 shares of the company’s stock valued at $60,000 after acquiring an additional 760 shares during the last quarter. Banque Transatlantique SA lifted its stake in shares of iShares Core 1-5 Year USD Bond ETF by 47.4% in the 4th quarter. Banque Transatlantique SA now owns 2,126 shares of the company’s stock valued at $104,000 after acquiring an additional 684 shares during the last quarter. Burkett Financial Services LLC boosted its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 166.0% during the 2nd quarter. Burkett Financial Services LLC now owns 2,399 shares of the company’s stock valued at $116,000 after acquiring an additional 1,497 shares in the last quarter. Finally, Parallel Advisors LLC boosted its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 35.6% during the 1st quarter. Parallel Advisors LLC now owns 3,603 shares of the company’s stock valued at $175,000 after acquiring an additional 945 shares in the last quarter.

iShares Core 1-5 Year USD Bond ETF Trading Up 0.0%

Shares of ISTB stock opened at $47.25 on Wednesday. The business’s 50-day moving average price is $47.66 and its 200-day moving average price is $48.02. iShares Core 1-5 Year USD Bond ETF has a 12 month low of $47.01 and a 12 month high of $49.05. The firm has a market capitalization of $5.23 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. Investors of record on Tuesday, September 1st were paid 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 of this dividend was Tuesday, September 1st.

iShares Core 1-5 Year USD Bond ETF Company 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.