Leavell Investment Management Inc. Has $593,000 Stake in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB)

Leavell Investment Management Inc. grew its holdings in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 4.3% in the 3rd quarter, Holdings Channel reports. The fund owned 12,184 shares of the company’s stock after purchasing an additional 500 shares during the quarter. Leavell Investment Management Inc.’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $593,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of ISTB. Oak Harbor Wealth Partners LLC increased its stake in iShares Core 1-5 Year USD Bond ETF by 3.4% during the 2nd quarter. Oak Harbor Wealth Partners LLC now owns 6,599 shares of the company’s stock worth $313,000 after purchasing an additional 220 shares in the last quarter. CWM LLC increased its position in shares of iShares Core 1-5 Year USD Bond ETF by 1.4% during the third quarter. CWM LLC now owns 16,189 shares of the company’s stock worth $788,000 after acquiring an additional 226 shares in the last quarter. Bogart Wealth LLC increased its position in shares of iShares Core 1-5 Year USD Bond ETF by 40.7% during the third quarter. Bogart Wealth LLC now owns 992 shares of the company’s stock worth $48,000 after acquiring an additional 287 shares in the last quarter. Luts & Greenleigh Group Inc. raised its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 1.1% during the third quarter. Luts & Greenleigh Group Inc. now owns 25,907 shares of the company’s stock worth $1,261,000 after acquiring an additional 291 shares during the period. Finally, Horizon Family Wealth Inc. boosted its stake in iShares Core 1-5 Year USD Bond ETF by 0.9% in the 2nd quarter. Horizon Family Wealth Inc. now owns 32,725 shares of the company’s stock worth $1,550,000 after purchasing an additional 307 shares during the period.

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

ISTB stock opened at $47.94 on Monday. The stock has a 50-day moving average price of $48.33 and a two-hundred day moving average price of $47.82. iShares Core 1-5 Year USD Bond ETF has a 1 year low of $46.35 and a 1 year high of $48.75. The stock has a market cap of $4.08 billion, a PE ratio of 16.72 and a beta of 0.07.

iShares Core 1-5 Year USD Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, November 6th. Investors of record on Friday, November 1st were given a $0.1594 dividend. This represents a $1.91 dividend on an annualized basis and a yield of 3.99%. The ex-dividend date was Friday, November 1st. This is a positive change from iShares Core 1-5 Year USD Bond ETF’s previous monthly dividend of $0.15.

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.