Investment Management Corp VA ADV bought a new stake in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB – Free Report) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 27,754 shares of the company’s stock, valued at approximately $1,311,000. iShares Core 1-5 Year USD Bond ETF comprises about 1.0% of Investment Management Corp VA ADV’s portfolio, making the stock its 21st biggest holding.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Apella Capital LLC boosted its stake in shares of iShares Core 1-5 Year USD Bond ETF by 35.4% in the third quarter. Apella Capital LLC now owns 1,469,742 shares of the company’s stock valued at $69,372,000 after purchasing an additional 384,056 shares during the period. Cahaba Wealth Management Inc. increased its position in shares of iShares Core 1-5 Year USD Bond ETF by 6.7% in the 3rd quarter. Cahaba Wealth Management Inc. now owns 1,294,988 shares of the company’s stock worth $61,188,000 after purchasing an additional 81,249 shares during the last quarter. LJI Wealth Management LLC increased its holdings in iShares Core 1-5 Year USD Bond ETF by 6.2% in the third quarter. LJI Wealth Management LLC now owns 1,273,492 shares of the company’s stock valued at $60,173,000 after buying an additional 74,798 shares during the last quarter. Townsend & Associates Inc increased its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 1.8% in the 3rd quarter. Townsend & Associates Inc now owns 1,263,483 shares of the company’s stock valued at $59,826,000 after acquiring an additional 22,852 shares during the last quarter. Finally, Financial Solutions Advisory Group Inc. acquired a new stake in shares of iShares Core 1-5 Year USD Bond ETF during the first quarter worth $57,365,000.
iShares Core 1-5 Year USD Bond ETF Trading Down 0.1%
Shares of iShares Core 1-5 Year USD Bond ETF stock opened at $47.55 on Friday. iShares Core 1-5 Year USD Bond ETF has a twelve month low of $47.01 and a twelve month high of $49.05. The business’s 50 day simple moving average is $47.44 and its 200-day simple moving average is $48.13. The stock has a market capitalization of $5.37 billion, a price-to-earnings ratio of 10.99 and a beta of 0.12.
iShares Core 1-5 Year USD Bond ETF Increases Dividend
The company also recently announced a monthly dividend, which was paid on Thursday, November 5th. Shareholders of record on Monday, November 2nd were given a $0.1777 dividend. This represents a $2.13 dividend on an annualized basis and a yield of 4.5%. 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.
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.
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