iShares Core 1-5 Year USD Bond ETF $ISTB Shares Newly Bought by M Holdings Securities Inc.

M Holdings Securities Inc. bought a new position in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 13,120 shares of the company’s stock, valued at approximately $620,000.

A number of other hedge funds also recently made changes to their positions in the company. Financial Solutions Advisory Group Inc. bought a new position in shares of iShares Core 1-5 Year USD Bond ETF in the 1st quarter valued at about $57,365,000. Courage Miller Partners LLC bought a new stake in iShares Core 1-5 Year USD Bond ETF during the third quarter worth approximately $28,692,000. Apella Capital LLC increased its stake in iShares Core 1-5 Year USD Bond ETF by 35.4% during the third quarter. Apella Capital LLC now owns 1,469,742 shares of the company’s stock worth $69,372,000 after acquiring an additional 384,056 shares during the last quarter. Wealth Management Resources Inc. bought a new stake in iShares Core 1-5 Year USD Bond ETF during the third quarter worth approximately $17,559,000. Finally, IRON Financial LLC bought a new stake in iShares Core 1-5 Year USD Bond ETF during the third quarter worth approximately $14,579,000.

iShares Core 1-5 Year USD Bond ETF Price Performance

Shares of ISTB stock opened at $47.36 on Wednesday. iShares Core 1-5 Year USD Bond ETF has a 1 year low of $47.01 and a 1 year high of $49.05. The stock’s 50 day simple moving average is $47.41 and its two-hundred day simple moving average is $48.11. The company has a market cap of $5.35 billion, a PE ratio of 10.99 and a beta of 0.12.

iShares Core 1-5 Year USD Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, November 5th. Stockholders of record on Monday, November 2nd were issued a $0.1777 dividend. This is a positive change from iShares Core 1-5 Year USD Bond ETF’s previous monthly dividend of $0.1742. The ex-dividend date was Monday, November 2nd. 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.