iShares Core 1-5 Year USD Bond ETF $ISTB Stock Bought by Clear Wave Wealth Management LLC

Clear Wave Wealth Management LLC grew its holdings in shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 6.2% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 467,695 shares of the company’s stock after acquiring an additional 27,302 shares during the period. iShares Core 1-5 Year USD Bond ETF comprises about 3.8% of Clear Wave Wealth Management LLC’s investment portfolio, making the stock its 3rd biggest holding. Clear Wave Wealth Management LLC owned approximately 0.42% of iShares Core 1-5 Year USD Bond ETF worth $22,099,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of ISTB. Joseph Group Capital Management boosted its holdings in iShares Core 1-5 Year USD Bond ETF by 2.1% in the third quarter. Joseph Group Capital Management now owns 29,861 shares of the company’s stock valued at $1,411,000 after purchasing an additional 608 shares during the last quarter. Hohimer Wealth Management LLC grew its stake in iShares Core 1-5 Year USD Bond ETF by 80.2% during the 3rd quarter. Hohimer Wealth Management LLC now owns 7,578 shares of the company’s stock valued at $359,000 after purchasing an additional 3,372 shares in the last quarter. M Holdings Securities Inc. acquired a new stake in iShares Core 1-5 Year USD Bond ETF during the 3rd quarter valued at approximately $620,000. StoneX Group Inc. acquired a new stake in iShares Core 1-5 Year USD Bond ETF during the 3rd quarter valued at approximately $225,000. Finally, Investment Management Corp VA ADV acquired a new stake in iShares Core 1-5 Year USD Bond ETF during the 3rd quarter valued at approximately $1,311,000.

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

ISTB stock opened at $47.53 on Tuesday. iShares Core 1-5 Year USD Bond ETF has a 52-week low of $47.01 and a 52-week high of $49.05. The stock’s 50 day moving average is $47.43 and its two-hundred day moving average is $48.12. The company has a market capitalization of $5.37 billion, a PE ratio of 10.99 and a beta of 0.12.

iShares Core 1-5 Year USD Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, November 5th. Stockholders of record on Monday, November 2nd were paid 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. The ex-dividend date was Monday, November 2nd. This represents a $2.13 annualized dividend 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.