iShares Core 1-5 Year USD Bond ETF $ISTB Stock Acquired by KFA Private Wealth Group LLC

KFA Private Wealth Group LLC grew its stake in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 12.5% during the 3rd quarter, HoldingsChannel reports. The fund owned 214,882 shares of the company’s stock after purchasing an additional 23,816 shares during the quarter. iShares Core 1-5 Year USD Bond ETF comprises 2.4% of KFA Private Wealth Group LLC’s holdings, making the stock its 10th biggest position. KFA Private Wealth Group LLC’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $10,153,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. SHP Wealth Management bought a new position in shares of iShares Core 1-5 Year USD Bond ETF during the fourth quarter valued at $70,668,000. Financial Solutions Advisory Group Inc. purchased a new position in shares of iShares Core 1-5 Year USD Bond ETF in the 1st quarter worth about $57,365,000. Ballast Financial Advisors LLC bought a new position in iShares Core 1-5 Year USD Bond ETF in the 4th quarter worth about $10,391,000. Bartlett & CO. Wealth Management LLC boosted its stake in iShares Core 1-5 Year USD Bond ETF by 33.3% in the 1st quarter. Bartlett & CO. Wealth Management LLC now owns 741,304 shares of the company’s stock worth $35,875,000 after purchasing an additional 185,134 shares in the last quarter. Finally, Apella Capital LLC grew its position in iShares Core 1-5 Year USD Bond ETF by 14.5% during the 2nd quarter. Apella Capital LLC now owns 1,085,686 shares of the company’s stock valued at $52,178,000 after purchasing an additional 137,171 shares during the last quarter.

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

Shares of iShares Core 1-5 Year USD Bond ETF stock traded up $0.02 during trading hours on Wednesday, reaching $47.20. 943,313 shares of the stock traded hands, compared to its average volume of 506,431. iShares Core 1-5 Year USD Bond ETF has a one year low of $47.01 and a one year high of $49.05. The firm has a market capitalization of $5.10 billion, a price-to-earnings ratio of 10.99 and a beta of 0.11. The company has a 50 day moving average price of $47.72 and a 200 day moving average price of $48.06.

iShares Core 1-5 Year USD Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, September 4th. Investors of record on Tuesday, September 1st were issued a $0.1772 dividend. The ex-dividend date of this dividend was Tuesday, September 1st. This is a positive change 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%.

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.