iShares Core 1-5 Year USD Bond ETF $ISTB Stock: Stone Summit Wealth LLC Increases Holdings

Stone Summit Wealth LLC boosted its position in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 65.3% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 26,785 shares of the company’s stock after acquiring an additional 10,585 shares during the quarter. 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 reporting period.

A number of other hedge funds have also added to or reduced their stakes in the company. Turtle Creek Wealth Advisors LLC bought a new stake in iShares Core 1-5 Year USD Bond ETF during the first quarter worth $44,000. IFP Advisors Inc boosted its holdings 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 purchasing an additional 760 shares in the last quarter. Banque Transatlantique SA increased 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 purchasing an additional 684 shares during the last quarter. Burkett Financial Services LLC increased its stake in shares of iShares Core 1-5 Year USD Bond ETF by 166.0% in the 2nd quarter. Burkett Financial Services LLC now owns 2,399 shares of the company’s stock valued at $116,000 after purchasing an additional 1,497 shares during the last quarter. Finally, Parallel Advisors LLC increased its stake in shares of iShares Core 1-5 Year USD Bond ETF by 35.6% in the 1st quarter. Parallel Advisors LLC now owns 3,603 shares of the company’s stock valued at $175,000 after purchasing an additional 945 shares during the last quarter.

iShares Core 1-5 Year USD Bond ETF Stock Performance

iShares Core 1-5 Year USD Bond ETF stock opened at $47.25 on Wednesday. iShares Core 1-5 Year USD Bond ETF has a 52 week low of $47.01 and a 52 week high of $49.05. The stock has a market capitalization of $5.23 billion, a P/E ratio of 10.99 and a beta of 0.11. The stock has a fifty day moving average of $47.66 and a 200-day moving average of $48.02.

iShares Core 1-5 Year USD Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, September 4th. Shareholders of record on Tuesday, September 1st were given a $0.1772 dividend. This is a boost 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 yield of 4.5%. The ex-dividend date was Tuesday, September 1st.

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.