iShares Core 1-5 Year USD Bond ETF $ISTB Shares Newly Purchased by Investment Management Corp VA ADV

Investment Management Corp VA ADV purchased a new position in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 27,754 shares of the company’s stock, valued at approximately $1,311,000. iShares Core 1-5 Year USD Bond ETF makes up 1.0% of Investment Management Corp VA ADV’s portfolio, making the stock its 21st biggest holding.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the business. Latitude Advisors LLC acquired a new stake in iShares Core 1-5 Year USD Bond ETF in the 3rd quarter valued at about $34,000. IFP Advisors Inc boosted its position in shares of iShares Core 1-5 Year USD Bond ETF by 154.2% during 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. Valley National Advisers Inc. bought a new position in shares of iShares Core 1-5 Year USD Bond ETF during the 3rd quarter valued at about $75,000. Burkett Financial Services LLC grew 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 worth $116,000 after purchasing an additional 1,497 shares during the last quarter. Finally, Parallel Advisors LLC grew 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 worth $175,000 after purchasing an additional 945 shares during the last quarter.

iShares Core 1-5 Year USD Bond ETF Price Performance

Shares of ISTB opened at $47.55 on Friday. The firm’s 50 day moving average is $47.44 and its 200-day moving average is $48.13. 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 stock has a market capitalization of $5.37 billion, a P/E ratio of 10.99 and a beta of 0.12.

iShares Core 1-5 Year USD Bond ETF Increases Dividend

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

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.