iShares Core 1-5 Year USD Bond ETF $ISTB Shares Sold by Financial Solutions Advisory Group Inc.

Financial Solutions Advisory Group Inc. lessened its position in iShares Core 1-5 Year USD Bond ETF (NASDAQ:ISTB) by 8.7% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,026,026 shares of the company’s stock after selling 98,259 shares during the period. iShares Core 1-5 Year USD Bond ETF accounts for 6.2% of Financial Solutions Advisory Group Inc.’s investment portfolio, making the stock its 6th biggest position. Financial Solutions Advisory Group Inc. owned approximately 0.91% of iShares Core 1-5 Year USD Bond ETF worth $48,582,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Apella Capital LLC raised its stake in shares of 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 acquiring an additional 384,056 shares during the last quarter. Cahaba Wealth Management Inc. boosted its holdings in shares of iShares Core 1-5 Year USD Bond ETF by 6.7% during the third 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 period. Townsend & Associates Inc grew its stake in shares of iShares Core 1-5 Year USD Bond ETF by 1.8% in the third quarter. Townsend & Associates Inc now owns 1,263,483 shares of the company’s stock worth $59,826,000 after purchasing an additional 22,852 shares during the last quarter. Prosperity Planning Inc. grew its stake in shares of iShares Core 1-5 Year USD Bond ETF by 6.0% in the third quarter. Prosperity Planning Inc. now owns 1,164,033 shares of the company’s stock worth $55,001,000 after purchasing an additional 65,781 shares during the last quarter. Finally, MBL Wealth LLC grew its stake in shares of iShares Core 1-5 Year USD Bond ETF by 5.8% in the third quarter. MBL Wealth LLC now owns 925,403 shares of the company’s stock worth $43,725,000 after purchasing an additional 50,587 shares during the last quarter.

iShares Core 1-5 Year USD Bond ETF Price Performance

Shares of NASDAQ:ISTB opened at $47.53 on Friday. The stock’s 50-day moving average is $47.50 and its 200 day moving average is $48.16. The company has a market cap of $5.35 billion, a PE ratio of 10.99 and a beta of 0.11. iShares Core 1-5 Year USD Bond ETF has a 1 year low of $47.01 and a 1 year high of $49.05.

iShares Core 1-5 Year USD Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, September 4th. Stockholders of record on Tuesday, September 1st were given a $0.1772 dividend. The ex-dividend date was Tuesday, September 1st. This represents a $2.13 dividend on an annualized basis and a dividend yield of 4.5%. This is an increase from iShares Core 1-5 Year USD Bond ETF’s previous monthly dividend of $0.1743.

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.