iShares Core 1-5 Year USD Bond ETF $ISTB Shares Newly Bought by Mather Group LLC.

Mather Group LLC. acquired a new stake in shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) during the 3rd quarter, HoldingsChannel reports. The institutional investor acquired 75,006 shares of the company’s stock, valued at approximately $3,544,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Beacon Hill Wealth Management LTD. acquired a new stake in shares of iShares Core 1-5 Year USD Bond ETF during the second quarter worth $1,010,000. C M Bidwell & Associates Ltd. acquired a new position in shares of iShares Core 1-5 Year USD Bond ETF in the 2nd quarter valued at $4,904,000. McClarren Financial Advisors Inc. increased its position in shares of iShares Core 1-5 Year USD Bond ETF by 1,438.8% in the 1st quarter. McClarren Financial Advisors Inc. now owns 95,834 shares of the company’s stock valued at $4,644,000 after acquiring an additional 89,606 shares during the period. Geneos Wealth Management Inc. increased its position in shares of iShares Core 1-5 Year USD Bond ETF by 6.7% in the 1st quarter. Geneos Wealth Management Inc. now owns 581,180 shares of the company’s stock valued at $28,164,000 after acquiring an additional 36,345 shares during the period. Finally, NewEdge Advisors LLC increased its position in shares of iShares Core 1-5 Year USD Bond ETF by 21.0% in the 2nd quarter. NewEdge Advisors LLC now owns 79,682 shares of the company’s stock valued at $3,845,000 after acquiring an additional 13,814 shares during the period.

iShares Core 1-5 Year USD Bond ETF Price Performance

Shares of ISTB stock opened at $47.32 on Friday. The firm has a market capitalization of $5.26 billion, a price-to-earnings ratio of 10.99 and a beta of 0.11. The business has a fifty day moving average of $47.63 and a 200 day moving average of $48.01. iShares Core 1-5 Year USD Bond ETF has a 1 year low of $47.01 and a 1 year high of $49.05.

iShares Core 1-5 Year USD Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, September 4th. Shareholders of record on Tuesday, September 1st were paid a dividend of $0.1772 per share. This represents a $2.13 annualized dividend and a yield of 4.5%. The ex-dividend date was Tuesday, September 1st. This is a boost from iShares Core 1-5 Year USD Bond ETF’s previous monthly dividend of $0.1743.

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.