32,489 iShares Core 1-5 Year USD Bond ETF $ISTB Shares Sold by Factor Wealth Management LTD

Factor Wealth Management LTD decreased its position in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 8.0% during the third quarter, HoldingsChannel.com reports. The fund owned 374,794 shares of the company’s stock after selling 32,489 shares during the quarter. iShares Core 1-5 Year USD Bond ETF comprises 2.8% of Factor Wealth Management LTD’s investment portfolio, making the stock its 12th biggest position. Factor Wealth Management LTD’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $17,709,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the company. Independence Financial Advisors LLC grew its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 4.6% in the third quarter. Independence Financial Advisors LLC now owns 159,811 shares of the company’s stock valued at $7,551,000 after purchasing an additional 6,960 shares in the last quarter. Farther Finance Advisors LLC increased its position in iShares Core 1-5 Year USD Bond ETF by 5.0% in the third quarter. Farther Finance Advisors LLC now owns 37,896 shares of the company’s stock worth $1,792,000 after purchasing an additional 1,795 shares during the last quarter. Apella Capital LLC raised 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 valued at $69,372,000 after purchasing an additional 384,056 shares in the last quarter. Avidian Wealth Enterprises LLC purchased a new stake in iShares Core 1-5 Year USD Bond ETF during the third quarter valued at $252,000. Finally, KFA Private Wealth Group LLC lifted its position in iShares Core 1-5 Year USD Bond ETF by 12.5% during the third quarter. KFA Private Wealth Group LLC now owns 214,882 shares of the company’s stock valued at $10,153,000 after purchasing an additional 23,816 shares during the last quarter.

iShares Core 1-5 Year USD Bond ETF Stock Performance

Shares of NASDAQ:ISTB traded up $0.05 on Thursday, reaching $47.25. The company’s stock had a trading volume of 399,243 shares, compared to its average volume of 505,875. 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 company has a market cap of $5.11 billion, a P/E ratio of 10.99 and a beta of 0.11. The company has a 50-day simple moving average of $47.70 and a 200 day simple moving average of $48.05.

iShares Core 1-5 Year USD Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, September 4th. Investors of record on Tuesday, September 1st were issued a $0.1772 dividend. This represents a $2.13 dividend on an annualized basis and a dividend yield of 4.5%. 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.

iShares Core 1-5 Year USD Bond ETF Profile

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.