iShares Core 1-5 Year USD Bond ETF $ISTB Shares Purchased by Factor Wealth Management LTD

Factor Wealth Management LTD boosted its position in shares of iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 48.6% during the second quarter, Holdings Channel.com reports. The firm owned 407,283 shares of the company’s stock after buying an additional 133,160 shares during the quarter. iShares Core 1-5 Year USD Bond ETF makes up approximately 3.0% of Factor Wealth Management LTD’s portfolio, making the stock its 10th biggest position. Factor Wealth Management LTD’s holdings in iShares Core 1-5 Year USD Bond ETF were worth $19,651,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently bought and sold shares of ISTB. Turtle Creek Wealth Advisors LLC acquired a new stake in shares of iShares Core 1-5 Year USD Bond ETF during the 1st quarter worth approximately $44,000. Rossby Financial LCC lifted its holdings in iShares Core 1-5 Year USD Bond ETF by 41.7% in the fourth quarter. Rossby Financial LCC now owns 986 shares of the company’s stock valued at $48,000 after acquiring an additional 290 shares during the last quarter. Strive Financial Group LLC purchased a new position in iShares Core 1-5 Year USD Bond ETF in the fourth quarter worth approximately $68,000. Flagship Harbor Advisors LLC purchased a new position in iShares Core 1-5 Year USD Bond ETF in the fourth quarter worth approximately $103,000. Finally, Banque Transatlantique SA grew its position in iShares Core 1-5 Year USD Bond ETF by 47.4% in the fourth quarter. Banque Transatlantique SA now owns 2,126 shares of the company’s stock worth $104,000 after acquiring an additional 684 shares during the period.

iShares Core 1-5 Year USD Bond ETF Stock Down 0.2%

ISTB stock opened at $47.93 on Friday. The business has a fifty day moving average of $48.10 and a two-hundred day moving average of $48.39. The stock has a market cap of $5.12 billion, a price-to-earnings ratio of 10.99 and a beta of 0.11. iShares Core 1-5 Year USD Bond ETF has a 52-week low of $47.88 and a 52-week high of $49.05.

iShares Core 1-5 Year USD Bond ETF Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, August 6th. Stockholders of record on Monday, August 3rd were issued a dividend of $0.1743 per share. The ex-dividend date was Monday, August 3rd. This represents a c) dividend on an annualized basis and a dividend yield of 4.4%.

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.